HOUSING PROJECT IN 
THANH MY LOI WARD


1- Investor:

Thai Binh Hotel & House Trading-Construction Co. Ltd.
477 An Duong Vuong Street, District 5
HCM City, Vietnam 
Tel: 84-8-835 2356 Fax: 84-8-830 4259

2- Objective: House building and trading

3- Investment capital: US$50-60 million

4- Land use plan:

+ Area: 42,777 m2
+ Low-rise housing 
(villas and attached houses)
+ High-rise building 
(18 floors)
+ Roads:
+ Greenery:
+ Construction density:
17,096.2 m2

16,309 m2

14,381.4 m2
1,485.4 m2
39%

5- Investment form: joint-venture, business cooperation contract (BCC)

6- Project progress:

- Site clearance and compensation: the remaining 18.68% of the total area will be available by December 31, 2005
- Project development time: 10-15 years

7- Investment incentives: 

Corporate Income Tax: 28% (Degree 164/2004/ND-CP dated 22/12/2003)

 
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Department of Planning and Investment of HCMC.
32 Le Thanh Ton St., Dist 1., Ho Chi Minh City, Viet Nam
Tel: (84.8) 8294988 - Fax: (84.8) 8295008 - (84.8) 8290817 - E-mail: ipdpi@hcm.vnn.vn