RICONS COMMENCED CONSTRUCTION OF K8HH1 HIGH-RISE MIXED-USE RESIDENTIAL PROJECT – A NEW MILESTONE IN VIETNAM-SOUTH KOREA CONSTRUCTION PARTNERSHIP

20/03/2025

On the morning of March 20, 2025, Ricons, in collaboration with the Investor THT Development Co., Ltd. and the General Contractor – Daewoo E&C Vina, officially held the groundbreaking ceremony for K8HH1 High-Rise Mixed-Use Residential Project in Hanoi. The event was honored by the presence of executives from THT, Daewoo E&C Vina, Ricons’ leadership and staff members.

Prime location: Situated at Lot K8HH1, Central Area of Tay Ho Tay Urban Area, Xuan La Ward, Tay Ho District, one of Hanoi’s most vibrant urban developments, the project boasts an impressive scale with:
2 residential towers: 26 stories, offering 284 modern apartments.
1 office tower: 20 stories, providing premium workspace solutions.

Expected construction schedule: 23 months.
K8HH1 project marks a significant milestone in the Vietnam-South Korea partnership in the construction sector. With Daewoo E&C Vina, one of South Korea’s leading general contractors and Ricons, the general leading constructor in Vietnam, this project not only ensures world-class quality but also represents a fusion of cutting-edge technology, advanced engineering and international standards.

With over 20 years of expertise and a proven track record, Ricons proudly joins forces with Daewoo E&C Vina to deliver a landmark development, meeting the expectations of the Investor – THT Development Co., Ltd., and reinforcing its leading position in the construction industry.

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