OUR EXPERIENCE DRIVES US FORWARD

COTECCONS WINNING THE INTERCONTINENTAL HA LONG BAY RESORT & RESIDENCES PROJECT

Ho Chi Minh City, July 2nd, 2021, Coteccons Construction Joint Stock Company announced the winning bid for InterContinental Ha Long Bay Resort & Residences project from BIM Land Real Estate Company under BIM Group. Accordingly, Coteccons was honored to be selected as the General Contractor for the first international-standard luxury coastal resort project in the North after passing the strict and professional selection of the bidding process from the Investor and Mace - the unit of project management, construction management and quality supervision. This project is expected to be completed by the end of December 2022.

InterContinental Ha Long Bay Resort & Residences is located at Peninsula 2, Ha Long Marina Complex, Hung Thang Ward, Bai Chay, Ha Long City. With an area of 4.5ha, the project consists of the 580m long coastline with a direct view to Ha Long Bay. The overall project includes a hotel with 175 rooms, a limited collection of 41 villas and 60 luxury resort apartments named Sky Residences. Besides, the utility complex of the project includes Spa Village Garden, multi-purpose gym, Planet Trekkers children's playground, 5 restaurants, 2 bars and a large conference room. In total, the project has an investment capital of USD 90 million.

Operated by a world leading brand with a team of reputable consultants as well as experienced general contractors and project managers, InterContinental Ha Long Bay Resort & Residences affirms that this brand deserves its position as the most international-standard classy coastal resort project in Ha Long and the North.

Mr. Adam Owen Riley, Head of Hospitality - BIM Land said: “The team of reputable domestic and international contractors, supervisors, and design consultants in the luxury real estate segment is the guarantee for the 5-star standard of the InterContinental brand in general and the InterContinental Ha Long Bay project in particular."

Over the past 20 years, Coteccons' reputation has been clearly demonstrated in high-class construction projects of various types from hotels, resorts, residential areas, infrastructure, industrial parks across the country such as: fast constructing the Casino Hoiana project with a total value of over 7,000 billion VND; topping out 1.5 months ahead of schedule at Metropole Thu Thiem – the highlight project in Thu Thiem peninsula; winning both phases of Ho Tram Strip with more than 550 luxury resort rooms in Ba Ria - Vung Tau; building Landmark 81 - the peak of Southeast Asia with a height of over 460m for millions of safe- hours; completing the 6-star project - The Marq located in the center of Ho Chi Minh City, building Vinfast auto factory with an area of ​​​​over 750,000 m2 ... and a series of other projects with international 5-star standards such as The Nam Hai Resort Hoi An, Crowne Plaza Phu Quoc, Le Meridien Da Nang… along with safety, quality and progress which always being the top criteria guaranteed by large customers in the market and the works that the company has done before.

Mr. Nguyen Viet Toan - Coteccons Site Manager at InterContinental Residences Ha Long Bay shared: “With experience in high-class projects across Vietnam, we believe that InterContinental Ha Long Bay Resort & Residences in the future will be the highlight in Ha Long Bay. Along with additional infrastructure facilities such as yacht marina, coastal square and Ha Long Sailing Club, the project will definitely be our great project in Ha Long city in particular and Vietnam in general. Coteccons affirms the commitment with a team of leading engineers and architects to bring the project to the finish line, ensuring the highest labor safety, top quality on schedule.”

Coteccons has always been a reliable partner of many organizations in the construction market, taking the role of general contractor at hundreds of typical projects, contributing to the development of Vietnam. Not only changing society's perception of the role of general construction contractors, Coteccons also brings outstanding values ​​to investors thanks to optimizing human resource costs for project management, increasing the efficiency of cash flow for the investor due to the shortened project schedule. Coteccons are always proactive in all stages, advising on construction methods and materials suitable to the investor's capital. Most of all, Coteccons shares solutions to reduce risks during construction with the investor, from valuable experiences accumulated with hundreds of large and small projects.

In July 2021, the investor will officially introduce 60 Sky Residences high-rise resort apartments. In particular, the investor BIM Land also revealed that a limited edition of 6 Beach Villas will be introduced to investors at the beginning of the third quarter of 2021