Hoang Anh Gia Lai (HAGL) Group is one of the leading real estate companies in Vietnam with 1,028,594 sqm of residential and commercial property gfa completed, and 1,1130,236 sqm gfa under construction. The company enjoys strong financial backing and competitive advantages of low- cost land banks acquired before Vietnam’s property boom. The group has built robust synergies with subsidiaries in construction, furniture and granite production. HAGL Group focuses on the development of residential and commercial real estate in Vietnam’s principal economic centers including Ho Chi Minh City and Da Nang City. The company has been expanding regionally with real estate projects in Laos, Thailand and Myanmar. In 2009, HAGL Group completed and delivered the Athletes’ Village for the 25th Southeast Asian Games to the Government of Laos.
Project Name |
Hoang Anh Gia Lai Myanmar Centre
|
| Investor | Hoang Anh Construction & Development House Joint Stock Company
(HAGL Land) Vietnam
|
| Location | Gateway of Yangon on No.3 highway Road. Mingalardon Township, Northern Yangon.
|
| Land area | 18.131 acres (73,300 sqm) |
| Land lease term | 50 + 10 + 10 years |
| Registered investment capital | USD440 million |
| Investment form | 100% capital owned by HAGL Land |
| Type of business | Opening and operating hotels, office buildings, serviced apartments and
commercial center under Build – Operate – Transfer Contract
|
| Construction period | 6 years after signing BOT Contract with 2 phases:
Phase 1: Commercial Center 1, Office Building 1, 5 Star Hotel
Phase 2: Commercial Center 2, Office Building 2,
Serviced Apartments and Residential
|
| Project Completion Date | Q4 - 2019 |
