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Thanh Cong Textile Co to build 12-storey tower
29 Aug '07
1 min read
Many textile enterprises are looking to explore the real estate industry, planning and developing new projects in the country.
Thanh Cong Textile and Garment joint stock company recently inked a deal to build a 12 storey tower in Ho Chi Minh City (HCMC) in a bid to diversify its business as well as develop income.
Thanh Cong together with Tan Hoang Thang Company will invest VND 450 billion or US $28 million for this venture.
HCMC-based company plans to start construction in October 2007 and expects to officially start operations in about 20 months.
Thanh Cong Textile and Garment joint stock company recently inked a deal to build a 12 storey tower in Ho Chi Minh City (HCMC) in a bid to diversify its business as well as develop income.
Thanh Cong together with Tan Hoang Thang Company will invest VND 450 billion or US $28 million for this venture.
HCMC-based company plans to start construction in October 2007 and expects to officially start operations in about 20 months.
Fibre2fashion, News Desk - Vietnam
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