HBC: Ree Tower Project

Hoa Binh Construction and Real Estate Corporation (HBC: HOABINH CORPORATION) announces information of Ree Tower project as follows:

* The company won a contract of Ree Tower project at 9 Doan Van Bo St., Ward 12, Dist. 4, HCMC. by an investor - Refrigeration Electrical Engineering Corporation (REE). The project has 24 floors, 01 penthouse, 5,192m2 of 03 basements and 31,640m2 of total construction area.

* Construction time is 450 days with VND146,888,898,015 of total contract value. The time of beginning construction was in the morning October 17, 2009.

* REE appreciated HOABINH CORPORATION completing E-TOWN3 construction at Tan Binh Dist. In the construction period, HOABINH CORPORATION executed the work in time with high quality.

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