New owner for unfinished AZ Lâm Viên Complex

September 02, 2017 - 09:56

The Hà Nội People’s Committee allowed Lâm Viên Construction and Investment Joint Stock Company to sell the entire AZ Lâm Viên Complex to AZ Land, according to an announcement by the municipal Department of Construction.

HÀ NỘI – The Hà Nội People’s Committee allowed Lâm Viên Construction and Investment Joint Stock Company to sell the entire AZ Lâm Viên Complex to AZ Land, according to an announcement by the municipal Department of Construction.

Lâm Viên Construction and Investment Joint Stock Company is responsible for handling any problems that may arise and ensure the rights of buyers and relevant parties.

Construction of the AZ Lâm Viên, located on Nguyễn Phong Sắc Street, Cầu Giấy District, began in 2009 but its construction had been stagnant since then, despite the contractor changing from Vinaconex 1 to Lạc Hồng Investment in 2014. Its construction has stopped on the 13th floor for years.

The project has 29 floors and two basements with total investment of VNĐ690 billion (US$30.4 million). – VNS

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