ICC-Kajima gets to work on first Wínk
Indochina Kajima Development (UK) Limited (ICC-Kajima), together with contractor Newtecons Investment Construction JSC (Newtecons) has started the main package of the first Wínk Hotel at 75 Nguyen Binh Khiem street of Ho Chi Minh City.
ICC-Kajima is a joint venture between Indochina Capital, a leading real estate property developer in Vietnam, and Kajima Corporation, Japan’s most prolific overseas real estate developer.
According to Peter Ryder, CEO of Indochina Capital and chairman of ICC-Kajima, this is a key milestone for the first ICC-Kajima project.
“After carrying out a thorough tender process, we are satisfied with the end result – Newtecons has been appointed for basement superstructure and masonry works for this project,” noted Ryder. “They have worked on several notable projects in Vietnam and we strongly believe that Newtecons will add value to our development.”
Tran Kim Long, general director of Newtecons, shared that with its extensive experience and strong credentials in hospitality projects, Newtecons will do its best to ensure the highest aesthetical and technical standards for Wínk 75 NBK.
“The project will set a solid foundation for our relationship with the developer and we hope to continue working with ICC-Kajima in its future projects,” Long said.
Located in a rapidly gentrifying area in District 1, Ho Chi Minh City’s central business district, Wínk 75 NBK will appeal to young-at-heart business and leisure travellers.
The 237-room hotel will offer modern design, a hip interactive lobby, a co-working space, innovative food and beverage concepts, cutting-edge technology, and beautifully appointed minimalist-style guestrooms.
The Wínk brand represents the power and tenacity of Vietnamese people, catering to their fast-paced lifestyle and their growing awareness and interaction with the world at large. Wínk aims to champion the “affordable luxury” segment in Vietnam, with a prominent focus on delivering an exciting lifestyle experience.
Newtecons have worked on a series of reputable projects in Vietnam, including Landmark 81, Masteri Thao Dien, Casino Nam Hoi An, and Forest in the Sky Residences at Flamingo Dai Lai.
ICC-Kajima expects Newtecons to complete works in November 2019 and is currently tendering the MEPF (mechanical, electrical, plumbing, and fire) package for the project.
“I look forward to sharing additional updates with everyone as we move closer to the opening of our first Wínk Hotel,” said Ryder.
With an investment mandate of $1 billion plus, spread over the next several years, ICC-Kajima is committed to developing innovative and high-quality projects throughout Vietnam. Apart from all real estate types of commercial, residential, hospitality and logistics properties, Wínk Hotels is a key component of ICC-Kajima’s development strategy. ICC-Kajima targets building as many as 20 Wínk Hotels over the next five to seven years in Vietnam’s primary and secondary cities, with potential expansion into neighbouring markets like Cambodia and Laos.
Wínk 75 NBK is set to open in the second quarter of 2020, and shortly thereafter, will be followed with Wínk Hotels in Hanoi, Danang, Haiphong, and other domestic markets.