The Underground Space Investment and Development Company, IUS, was finalising procedures for an underground parking lot project, built on an area of 29,240m2 in Le Van Tam Park, District 1, Ho Chi Minh City, said IUS Vice-General Director, Tran Luan Ngo, on Aug 13th.

Upon completion of all necessary paperwork at the end of the third quarter of 2009, the project is expected to be implemented, during the fourth quarter, at a cost of more than VND 1,7 trillion, to build a five-storey basement for parking and three-storey basement for shopping and services.

Source: TN - Photo: vietnamnet

Translated by Hoang Anh