Comemncement of Leveling Package, Phase IB

On December 5, 2007 at Cat Ba, Vietnam Construction Import-Export Joint Stock Corporation (Vinaconex., Jsc) was officially organized Groundbreaking Ceremony for Leveling Package, Phase I-B (in an area of 50ha) with cost investment of VND 69.468 billion to be carried out within 176 days. VINACONEX 11 in associated with Minh Anh Co., Ltd was awarded the contract for this package.

The Groundbreaking Ceremony had presences of Leaders of District Party Committee, People’s Council; People’s Committees of Cat Hai District, Cat Ba Town, Phu Long Commune, Tran Chau Commune; functional departments of the District and staff of Vietnam Construction Import-Export Joint Stock Corporation (Vinaconex., Jsc) and contractors. Mr. Pham Chi Hue – Secretary of District Party Committee of Cat Hai District People’s Committee said “We welcome Vinaconex., Jsc to invest in Island District and implement the project effectively which has made contribution to the development of tourism industry in the District in the short term as well as in the long term. Local Government shall give favorable conditions to Vinaconex to implement the project in accordance with its objectives and schedule to bring about best benefits to both the Client and the people of Island District”.
Commencement of Leveling Package Phase I-B is very important for the whole project since this is an important step for the implementation of next activities of the project. Being aware of the importance and influence of the project toward the tourism and economy of Island District in particular and of the City and the Country in general, with active support from local government and authorities, the Leveling Package, Phase I-A of the project was completed (in an area of 10ha), in which land filling was carried out to create Tung Thu beach and construction of road leading to the beach with the investment value to date of more than VND 40 billion.
Vinaconex also invested to construct Holiday View Hotel at Cat Ba Town with the investment capital of approximately VND 60 billion. The effective operation of this Hotel has proved the increasingly attraction of Cat Ba Island to domestic and foreigner visitors as well as the long-term investment wish of Vinaconex to Hai Phong City.
Mr. Tran Ngoc Quang - Director of Cai Gia – Cat Ba Project Management Unit spoke: “Being aware of our responsibilities and within our capacity, Vinaconex shall mobilize best personnel to implement Cat Ba Resort Community Project and accordingly to make active contribution to the socio-economic development of the Province in particular and the Country in general”.
Cat Ba Resort Community Project is project in Category A with large and diversified scale and long implementation period and was approved by Prime Minister, City People’s Committee and Local Government. With objectives approved by the Government and Local Government, the Project shall surely make active and important contribution to the socio-economic development to improve the living conditions of the People and develop tourism industry of Island District and the City in particular and of the Country in general.

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