Viet Nam-Japan joint venture develops Binh Duong New City

Thursday, Dec 30, 2021 08:15

The ground-breaking ceremony.

Becamex Tokyu Co Ltd, a joint venture between Viet Nam’s Becamex IDC Corp and Japan’s Tokyu Corporation, began construction of their first shopping centre named Sora Gardens SC in Binh Duong New City in the southern province of Binh Duong on Tuesday.

The mall sprawls over 5,000 sq.m in Hoa Phu Ward, Thu Dau Mot City at the gateway to Binh Duong New City. Apart from facilities such as retail space, restaurants and a cinema, the centre has also been chosen by Japan’s supermarket chain AEON to launch the first Compact General Merchandise Store model in Viet Nam.

The same day, the joint venture also inaugurated an apartment building called Sora Gardens 2, which it developed in partnership with Mitsubishi Group. The Sora Gardens 2 covers a total area of 84,000 sq.m with 557 hi-end apartments on 24 floors, meeting Japanese quality standards with green living space and quality facilities.

In the near future, Becamex Tokyu will embark on other projects in Binh Duong New City such as Sora Gardens park, expansion of the Hikari Food Court, Midori Park commercial housing area, Viet Hoa International School, and a bus rapid transit linking Binh Duong New City with HCM City’s Suoi Tien.

Becamex Tokyu was established in March 2012. Tokyu Corporation is one of the major and long-standing Japanese groups operating in railway, transportation, retail, culture, education, and most notably urban development. — VNS

nitial; text-decoration-color: initial;">Sprawling nearly 100ha, the Sun Beauty Onsen Thanh Hoa complex features entertainment, cultural and health care areas at a total investment of roughly VND7 trillion (US$304 million) in order to tap the potential of Quang Yen hot spring. It is scheduled to be completed by 2023.

It is also a key project in Thanh Hoa’s plan to become a quality tourism hub in the region.

Speaking at the event, Vice Chairman of the provincial People’s Committee Mai Xuan Liem said the project is also meant to realise the province’s goal of becoming one of the four new growth pillars of Ha Noi – Hai Phong – Quang Ninh – Thanh Hoa quadruple in line with the Politburo’s Resolution No.58.

A highlight of the complex is an park with indoor and outdoor entertainment spaces, onsen bathing, spa and special wellness services, a 1,000-seat convention hall, a pedestrian street and a commercial housing area in Japanese style. — VNS

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