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| A view of Times City. Photo tinmoi.vn |
HA NOI (Biz Hub)– BIDV Insurance Corporation officially became insurer of Vingroup's complex Times City project after compensation reaching up to VND7 trillion ($333.34 million) was agreed.
Petrolimex Joint Stock Insurance Company was the co-insurer.
The insurance service covered asset risks, fires, business interruptions, public liabilities and machinery breakdowns.
The 37-ha project on Minh Khai Street began construction in 2011 and was expected to be completed after two years of construction.-VNS