MIKASA’s Groundbreaking Ceremony In Ho Chi Minh City

Tan Sri William Cheng (8th from left), Mr Lionel Cheng (2nd from left) and
C & T Corporation's President - CEO, Mr Tran Kim Chung (4th from left) with Lion Group
and C & T Group officials at MIKASA's groundbreaking ceremony in Ho Chi Minh City.

Our Group Chairman & CEO, Tan Sri William Cheng and the Property Division’s Executive Director, Mr Lionel Cheng attended the groundbreaking ceremony for the Group’s pilot property project in Vietnam – MIKASA luxury apartments on 13 October 2010. Local party dignitaries and heads of various local authorities were present at the event which was enlivened with acrobatic lion and dragon dance performances.

Artist's Impression of the 15-storey MIKASA project comprising 1, 2 and 3 bedroom apartments.

MIKASA is being developed by Ngyuen Hong Joint Stock Company, a joint venture between the Group’s Parkland Saigon Ltd. Co. and the C&T Group in Ho Chi Minh City (HCMC). The 15-storey development comprises 156 units of 1, 2 and 3 bedroom apartments on a 3,400 square meters site in the Govap District of HCMC, which is a 20 minutes drive from downtown Saigon and 10 minutes from HCMC International Airport.

MIKASA is tagged the “new urban chic” with a signature skypool and gymnasium at the roof top. It enjoys good connectivity to the central business district with the new Tan Son Nhat-Binh Loi Expressway currently under construction. The foundation works for MIKASA started in early October 2010 and is scheduled to be completed in 20 months.