Construction and Real Estate Development Forum


Construction and Real Estate Development Forum

On the morning of 30th, May2018, the Indonesian Embassy in Vietnam held the Construction & Real Estate Development Forum at Melia Hotel, No. 44, Ly Thuong Kiet Street, Hanoi.

Attending the forum, it was the Ambassador Extraordinary and Plenipotentiary of the Republic of Indonesia, Mr. Ibnu Hadi; Leader of Vietnam Federation of Civil Engineering Associations (VFCA); Mr. Budiarsa Sastrawinata – General Director of Ciputra Hanoi Urban Area together with the presence of many leading construction and real estate development companies in the two countries.

One of the best examples of successful economic cooperation between Indonesia and Vietnam in the field of construction – real estate development for the past 25 years is the cooperation between Ciputra Group (Indonesia) and the Urban Infrastructure Development Investment Corporation UDIC (Vietnam) in establishing Ciputra Hanoi joint venture – South Thang Long International Urban Area in Hanoi. In addition, in 2012, Semen Glesik, Indonesia’s largest cement group, has invested and possessed 70% shares of Thang Long Cement Company.


At the Forum, Mr. Budiarsa Sastrawinata received many interesting questions from participants, and he shared sincerely and openly with the practical experience in the development of the Ciputra Hanoi international urban area project.


Ciputra Group (Indonesia) has successfully invested in two major projects such as: 5-star Pullman Hanoi Hotel and Ciputra Hanoi Urban Area. Especially, Ciputra Hanoi was recognized as the first large-scale green urban area in Hanoi, which laid the foundation for sustainable development in the model of building urban model in Vietnam. So far, Ciputra Hanoi has been the largest international community in Hanoi with 7,000 residents from more than 74 countries around the world. This is a great success in strategic and sustainable investment cooperation between Indonesia and Vietnam for many years. 🇻🇳❤🇮🇩