CII sets up targets for Thu Thiem River Park
Ho Chi Minh City Infrastructure Investment JSC (CII) targets to open the mock-up unit of the US$400-million Thu Thiem River Park complex in April this year.
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According to the latest statement from CII, the detailed zoning of this project will be approved by March 30, 2018.
By September 30 this year all the documents of the project will be completed and the project will be started right away. The project will also launch sales from October this year and will be completed in December 2021.
Located at Thu Thiem Urban Area in District 2 of Ho Chi Minh City, Thu Thiem River Park is developed by CII and Hongkong Land.
The project will provide around 1,140 units, including luxury apartments, sky villas, and garden apartments, and was designed and arranged intelligently with a variety of unit sizes ranging from one to four bedrooms, and scenic views on the Saigon River and surrounding green areas.
Further amenities include swimming pools, public green areas, supermarkets, and more, ensuring a comfortable, convenient, and modern living environment.
The management board of CII has approved the plans to issue a total of VND1.2 trillion (US$52.6 million) worth of corporate bonds.
CII will issue two million corporate bonds with the par value of VND100,000, worth a total VND200 billion (US$8.8 million), in the next three months. The bonds have a term of two years and are non-convertible and unguaranteed.
