COFICO Signs Contract of Movenpick Hotel Ceremony

On the morning of November 26, 2020, COFICO and Novaland Group carried out officially signing Contract of Movenpick Hotel at NovaWorld Phan Thiet Project in Phan Thiet, Binh Thuan Province. According to the signed contract, COFICO will be the general contractor in building Movenpick Hotel with the following items: sub-structure package, upper-structure package, finishing, etc.









Sharing the reasons and expectations of Novaland in selecting COFICO as the general contractor, Mr. Bui Xuan Huy – CEO of Novaland said: “With participation of Construction Joint Stock Company No. 1 (COFICO), Movenpick Hotel in NovaWorld Phan Thiet Project will be quickly deployed, ensuring the appropriate quality and progress. This is a key project of Novaland being deployed in Binh Thuan Province with a scale of 1,000 hectares, a total investment of approximately 5 billion USD and is oriented to become a Sea – Tourism – Health Super City with hundreds of special utilities, ensuring adequate facilities to become the world’s leading ideal, vibrant and gorgeous destination ”.



Responding to the expectations of Novaland, Mr. Le Dang Vinh – COFICO’s General Director stated: “Novaland is always a partner that COFICO values and appreciates for its professionalism and dedication to its products. Therefore, as the general contractor for the Movenpick customer, COFICO commits to maximize focus all resources and priority to deploy and accomplish the project on schedule, guarantee the quality and safety of the project in order to meet the Investor’s requirements and expectations. With the support and facilitation from the authorities, investors, consultants, suppliers…. Novaland and COFICO will contribute a worthy, modern, comfortable and fresh integrated resort in Phan Thiet Coastal City.



Responding to the expectations of Novaland, Mr. Le Dang Vinh – COFICO’s General Director stated: “Novaland is always a partner that COFICO values and appreciates for its professionalism and dedication to its products. Therefore, as the general contractor for the Movenpick customer, COFICO commits to maximize focus all resources and priority to deploy and accomplish the project on schedule, guarantee the quality and safety of the project in order to meet the Investor’s requirements and expectations. With the support and facilitation from the authorities, investors, consultants, suppliers…. Novaland and COFICO will contribute a worthy, modern, comfortable and fresh integrated resort in Phan Thiet Coastal City.



Movenpick Hotel – Phan Thiet is located in a prime location of Mui Ne resort with back-view facing with mountains and front-view facing with sea. The project has a total area of 15,267.13m2 including 02 podiums and 08 floors. After completed, Movenpick Hotel – Phan Thiet will be under the management of Accor Hotel brand which has over 40 years of operating experience. Therefore, this project promises to be one of the highlights of Binh Thuan’s tourism in the upcoming years.

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