The Financial Tower in Hochiminh city
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| The Financial Tower in Ho Chi Minh City | |
| Information | |
|---|---|
| Location | Ho Chi Minh City, Vietnam |
| Status | Complete |
| Constructed | 2005-2008 |
| Use | Office |
| Height | |
| Antenna/Spire | 300m |
| Roof | 300m |
| Top floor | 300 m |
| Floor count | 74 (7 underground) |
| Floor area | 100,000 sq. m |
| Companies | |
| Architect | Carlos Zapata Studio, AREP |
The Financial Tower is a skyscraper under construction in Ho Chi Minh City, Vietnam. Its location is in district 1 of the city. The construction addicated in September 2005 and due to be completed after 30 months. The owner is a Vietnamese company - Bitexco. The tower is located on an area of 6,000 m² with the floor area of over 100,000 m². Total cost reaches more than $120 million. Once completion, this will be the tallest building in Vietnam. The tower consists of 74 stories, 300 m in height, 7 basement of 30 m and a ground floor, all made of steel and glass structure. The tower will be shaped in a lotus petal. Lotus is a symbolic of Vietnamese culture. The Financial Tower will be the symbolic of Saigon's dynamic economy and will be for office and trade leasing.
[edit] Office demand in Ho Chi Minh City
Due to the rapid 2-digit growth of Ho Chi Minh City in particular and dynamic development of Vietnam in general, the construction for office in this city has seen a boom. The financial tower will help ease the fever of demand of office for rent in this city. The unit price of A grade office now in Ho Chi Minh City is around $25 to $30 monthly, depends to the location. Foreign and domestic enterprises have invested significantly in many building construction here.
