Coteccons and Nam Long Group celebrates the groundbreaking ceremony of Akari City Project in Binh Tan District

On September 10th 2019, General Contractor Coteccons celebrated the groundbreaking ceremony for the Akari City project in Binh Tan District, jointly developed by Nam Long Group and Japanese partners - Hankyu Hanshin and Nishi Nippon Railroad.
Groundbreaking ceremony of Akari City Project

Directly connected to Vo Van Kiet Boulevard - the backbone road connecting the east and the west of Ho Chi Minh City, the Akari City project has a scale of up to 8.5 hectares with a total investment of nearly VND 8,000 billion, located at a strategic position for both trading and living. This is the fifth project implemented by Nam Long in cooperation with two Japanese investors with more than 100 years of experience in the field of real estate development and expected to provide about 5,000 affordable condominium of the Flora product line. Akari City is designed according to the concept of "City of Light" with a variety of commercial facilities, services, serving the needs of food and beverage, entertainment and education immediately, not only for the residents at the project but also the people living in the area.

Mr. Steven Chu Chee Kwang - General Director of Nam Long Investment Corporation
Mr. Nguyen Ba Duong - Chairman of Coteccons Group

Phase 1 of the project consists of 6 blocks built on an area of 2.8 hectares, including 1 basement, 21 floors with about 1,800 apartments. Coteccons will take the role of General Design and Build Contractor, designing and constructing structural, finishing and MEP works for the project.

As a leading corporation in Vietnam's construction industry, Coteccons has extensive experience in implementing large-scale and high-end projects. At the ceremony, Coteccons’ Chairman Nguyen Ba Duong said that as General D&B Contractor, Coteccons committed to ensuring the absolute safety during the construction process and working closely with related parties to finish the project on schedule with the best quality.

PS03_NHIN VE AKARI_DEM_V12(Crop)_06 - CopyPerspective of Akari City Project

Mr. Steven Chu Chee Kwang - General Director of Nam Long Investment Corporation said: “Coteccons's participation in the project, together with Hankyu Hanshin, Nishi Nippon Railroad and Nam Long Group has special meaning, marking a new step in Akari City project development process. Coteccons is one of the symbols of Vietnam's construction industry with many impressive projects and professional management. The company will guarantee for the progress, aesthetics and quality of Akari City project. Besides, Akari City is also the beginning for the long-term strategic cooperation relationship between Nam Long Group and Coteccons in the next period, not only in the construction but also in real estate development and many other fields. We have had good initial agreements for a number of future projects and look forward to working together to create new added values ​​for housing projects in the Vietnamese market”.