Construction of the Sai Gon Exhibition and Fair
Center, a joint venture of Saigontourist and the Phu My
Hung Corporation, began in HCMC’s district 7 on April
20.
|
The
Sai Gon Exhibition and Fair Center. |
The
center, covering an area of more than 100,000 square
meters of area “A” in the Phu My Hung urban zone, will
cost an estimated US$200 million.
The
center will feature four 10,000 square-meter exhibition
halls, a 20,000 square-meter outdoor display area, a
35-storey office building, a 2,000-seat international
conference center, and one four-star hotel and one five-star
hotel with a combined total of some 1,000 rooms.
The
first phase of the project, worth more than US$30 million,
will be complete by October 2008.
The
center is expected to be a perfect location for MICE
(Meeting, Incentive, Conference and Exhibition) visitors.
Mr. Nguyen Huu Tho, Director General of Saigontourist
and Chairman of the Board of Directors of the Sai Gon
Exhibition and Fair Center, said. - Nhandan |