OUR EXPERIENCE DRIVES US FORWARD

Tuan Chau Group and Coteccons Construction JSC officially sign a strategic cooperation agreement

03/06/2019 14:08

After researching opportunities for cooperation to combine the strength of the two Parties on the basis of mutual respect, Tuan Chau Group and Coteccons Construction JSC officially organized the signing ceremony of the strategic cooperation agreement on June 3rd 2019 at Coteccons’ Headquarters.
Coteccons - Tuan Chau

Tuan Chau Group and Coteccons held the signing ceremony for the cooperation agreement.

Accordingly, Tuan Chau Group and Coteccons Construction JSC will cooperate in building and developing real estate projects in Quang Ninh, Hanoi, Quang Nam, Vung Tau, Ho Chi Minh City and other potential projects in the future. This strategic cooperation relationship is based on enhancing the competitiveness and strengths of the two Parties, improving the quality and efficiency of projects’ investment and development, creating the synergy of two leading brands in Vietnamese real estate and construction market.

Tuan Chau Group is famous for its two-kilometre-long road project connecting Tuan Chau island to the mainland. Currently, the Group strongly develop in many business areas including real estate, investment, banking, securities, tourism, hotels, yachts, harbours, entertainment…establishing a domestically and internationally strong brand. Many projects marked a mark on the market such as the largest system of artificial yacht terminals in Vietnam with more than 10km of berths, accommodating 2,200 yachts; the leading beach resort in Vietnam; the largest performing arts stage in Southeast Asia with 12,000 seats; the largest water stage in Vietnam, the longest 10-kilometre artificial beach in Vietnam etc. Tuan Chau Group contributes more than 2,000 billion VND per year to the State budget (excluding real estate revenues), creating stable jobs for more than 11,000 workers.

Coteccons Construction Joint Stock Company, with its reputation and experience in designing and constructing large-scale complex projects, owns a value chain in the construction industry with subsidiaries operating in many areas, including construction, investment, aluminum and glass, interior design, building materials trade etc. The company is the leader in the private construction industry in Vietnam for the 9 consecutive years.
2M7A8299

Mr. Đao Hong Tuyen – Chairman of Tuan Chau Group made a speech at the signing ceremony.

2M7A8346

Mr. Nguyen Ba Duong – Chairman of Coteccons Group delivered his speech at the signing ceremony. 

2M7A8433

Tuan Chau Group and Coteccons signed the strategic cooperation contract to develop the project at Tuan Chau Island. 

2M7A8418

Overview of the signing ceremony.

At the signing ceremony of the cooperation agreement, the two Parties officially concretized the strategic cooperative relationship by deciding to develop the hotels, villas, resorts and entertainment complex project at Tuan Chau Island, Quang Ninh Province. The project is built on a land area of 4.8 ha, located at the center of Tuan Chau Island with 3 sides facing the sea. The investment value of the project is estimated at VND 4,500 - 5,000 billion. With the capacity, experience, brand position and financial potential of the two Parties, the project promises to provide the market with quality real estate products, bringing high return to investors.



Related topics


Coteccons is honored Top 50 Best Performing Companies in 2018

On June 27th 2019, Coteccons Construction JSC continued to be honored Top 50 Best Performing Companies in 2018, ranked by Nhip cau Dau tu Magazine and Thien Viet Securities Company. This is the sixth consecutive year that Coteccons is honored in this ranking.

Detail
Coteccons tops out One Verandah project

One Verandah project is topped out on schedule after 12 months of construction. Currently, Coteccons is implementing finishing works, committing to meet the progress of handing over apartments to the developer’s clients.

Detail
Vinfast Automobile Manufacturing Complex Project - 21 months of co-operation with the Investor Vingroup to conquer the goal of taking Vietnamese automobile brand international

Dự án Tổ hợp sản xuất ô tô Vinfast chính thức được khởi công vào tháng 09/2017, khởi đầu cho hành trình chinh phục một trong những dự án công nghiệp có quy mô lớn nhất từ trước đến nay của Coteccons.

Detail

Project information

Friendship Tower

31 Le Duan St, Ben Nghe Ward, District 1, HCMC

ManWah Timberland Factory

Khanh Binh commune, Tan Uyen district, Binh Duong province.

Tay Ho View

58 Tay Ho Street, Quang An Ward, Tay Ho District, Ha Noi 

29B Nguyen Dinh Chieu

29B Nguyen Dinh Chieu, Da Kao Ward, District 1, HCMC

One Verandah

Thanh My Loi Ward, Thu Thiem Residential Area, District 2, Ho Chi Minh City

Đà Nẵng Times Square – Condotel

Vo Nguyen Giap St., Phuoc My ward, Son Tra District, Da Nang city

Grandeur Palace – Đinh Tiên Hoàng

29 Dinh Tien Hoang St., Ward 3, Binh Thanh district, HCMC

Pullman Hai Phong

12 Tran Phu street, Hai Phong city

Meiko

Lô CN9, KCN Thạch Thất – Quốc Oai, Phùng Xá, Thạch Thất, Hà Nội


Market news