The Bank for Foreign Trade of Vietnam (Vietcombank) yesterday February 19 signed a US$44 million credit contract in Hanoi with Indochina Land to invest in the Indochina Plaza Hanoi project.
The project located at No 239 Xuan Thuy St in Hanoi’s Cau Giay Dist has a total investment capital of US$145 million.
This is the third big contract between Vietcombank and Indochina Land after two projects namely The Nam Hai high-class resort area project in the central province of Quang Nam and Indochina Riverside Towers project in Da Nang.
The Indochina Plaza Hanoi project will include two towers of high-ranking apartments and another of offices for lease under the international standards.
Construction of the Indochina Plaza Hanoi project started last December 9.