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Eximbank to build US$150-million headquarters
The Saigon Times Daily
Thursday,  Dec 20, 2012,09:29 (GMT+7)

Eximbank to build US$150-million headquarters

The Saigon Times Daily

Truong Van Phuoc (L), general director of Eximbank, and Antzoulis Dimitrios, general director of Turner Vietnam, sign the contract for the Eximbank Tower project - Photo: Kinh Luan

HCMC – Vietnam Import Export Bank (Eximbank) on Tuesday cut a deal for developing its new headquarters called Eximbank Tower with project management consultant Turner and design consultant Nikken Sekkei.

The tower worth an estimated US$150 million will be built on a site of over 3,500 square meters at 7 Le Thi Hong Gam Street in HCMC’s District 1, where the old headquarters is located. When completed, it will become an architectural highlight of HCMC, says the bank at the contract signing.

Akihiko Hamada, senior executive officer of Nikken Sekkei, informed Eximbank Tower would be 163 meters high, consisting of 40 stories and over 60,000 square meters of floor space. The lower part of the building will be the headquarters of the bank, while the upper part will comprise luxury apartments and grade-A offices.

There will be spaces between windows and external parts for balconies, flowers and plants. The design maximizes the use of natural power of wind, sunlight and rain to make Eximbank Tower eco-friendly and reduce power consumption.

The tower is described as an “overhead flower park”, a symbol of green buildings and a signal for the start of a new architectural trend in Vietnam, said the designer.

An artist’s impression of Eximbank Tower - Photo: Kinh Luan

“This design aims to establish solidity, safety and reliability, alongside growth and prosperity, which are basic features that a bank building needs,” said Hamada.

The project is scheduled for groundbreaking in the third quarter of 2013 and completion in 2017, said Le Hung Dung, chairman of Eximbank.

It is time for Eximbank to have a spacious headquarters building as its staff keeps growing year after year, said Dung. Eximbank will pay their partners in installments, so it will face no capital pressure, he added.

Choosing Nikken Sekkei as design consultant and Turner as project management consultant is a very important step for the project to be carried out in a systematic and professional way, he remarked.

Nikken Sekkei has recently completed the design for the new headquarters of Sumitomo Mitsui Banking Corporation, one of the biggest banks in Japan and a foreign strategic partner of Eximbank.

Eximbank is a big commercial bank in Vietnam with chartered capital of over VND12.3 trillion and total assets of more than VND180 trillion. It is operating a network of 207 transaction points nationwide and has formed relationship with 852 banks in 80 nations

After-tax profit and total assets of the bank have been growing well over the years. In 2012, despite many problems faced by the banking sector, Eximbank forecasts its pre-tax profit will be over VND3 trillion.

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