Chairman of Ho Chi Minh City People’s Committee Le Hoang Quan on February 23 granted a license to Malaysia’s Berjaya Land Berhard to build Vietnam Financial Centre in the city.

The US$93 million centre will be located at the intersection between the February 3 street and

Le Hong Phong street

in district 10, covering an area of 698,000 square metre.  

 

According to the investor, the Vietnam Financial Centre, which is designed to meet international standards, will have three 48-storey A class office buildings, one 48-storey five star hotel consisting of adequate facilities and another 48-storey building for higher end shopping and services.

 

The centre is scheduled to break ground this year and be completed in 2013.