Contractor selected to build Germany House tower in HCM City

The Hoa Binh Construction & Real Estate Corporation (HBC) said that it has been chosen to build the above-ground part of the Germany House (Deutsches Haus) in Ho Chi Minh City.

The contract is worth VND480 billion (US$21.3 million) in total with the deadline slated for June 2017. HBC has just completed the building’s basement component. 

The Germany House has four floors underground and 26 storeys above the ground with a total floor area of 40,000 sq.m. It will house real estate offices, a retail area, an exhibition area, and a multifunctional convention centre. 

The building will also be the workplace of Germany’s Consulate General in HCM City and German companies as well as high-class apartments. 

Considered a symbol of the cooperation between Vietnam and Germany, the building is expected to be a model of innovation and energy saving and will be the first in Vietnam to meet LEED standards of the United States Green Building Council.