The Hanoi Construction Corporation and the Kinh Bac City Development Share Holding Corporation (KBC) have recently signed an agreement under which KBC will become a multifunctional complex investor in Ha Noi, the capital city of Vietnam.

To carry out this project, the State has invested more than US$1,300 billion in infrastructure and assigned the Hanoi Construction Corporation to be the investor.

The diplomatic complex, approved in the Prime Minister’s Decision 415, will serve foreign affairs of Ha Noi. Around 202,000 square metres of land will be allocated to the investor to build the diplomatic complex which will include embassies, international representative offices and organisations.(VCCI)