Gamuda starts work on RM8b Hanoi project

Posted on | December 14, 2007

By BUSINESS TIMES

BUILDER Gamuda Bhd has started construction work on the RM8 billion Yenso Park project in Hanoi, Vietnam, with completion slated for 2010.

A ground-breaking ceremony was held at the site on Tuesday attended by Vietnam’s Deputy Minister of Construction Cao Lai Quang, Hanoi People’s Committee vice-chairman Nguyen Van Khoi, Malaysian Ambassador to Vietnam Lim Kim Eng and Gamuda group managing director Datuk Lin Yun Ling, among others.

“The Yenso project is not just about the construction of the largest sewerage treatment plant in Vietnam. It also includes the construction of an international park with beautiful waterfront with lakes. The area totals 280ha, making it Asia’s largest urban park facility,” Lin said in a statement yesterday.

In January this year, Gamuda won the Vietnamese government approval to develop the commercial centre.

Covering 327ha, Yenso Park will include a five-star hotel, an international convention centre, offices, apartments, luxury condominiums and villas, a recreational club, community facilities and a botanic park.

Gamuda is partnering Vietnamese state-owned Mechanical Engineering Services LLC to develop the project.

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