Sabeco World Trade Center was the unofficial name of a skyscraper proposed to be constructed in 2010 at 2-4-6 Hai Ba Trung, District 1, Ho Chi Minh City, Vietnam. This tower, which was not developed, was expected to have 40 floors, feature a traditional Vietnamese house, and become the ninth highest building in Vietnam. The architect of the tower was Architect HOK International. Saigon Plaza[clarification needed] was to include offices, entertainment, shopping malls, hotel and a convention hall.[2]
| Sabeco World Trade Center | |
|---|---|
| General information | |
| Status | Never built |
| Type | Hotel, Office, Shopping Mall, Convention hall |
| Location | 2-4-6 Hai Ba Trung, District 1, Ho Chi Minh City, Vietnam |
| Construction started | 2010 (planned) |
| Completed | 2013 (planned) |
| Height | |
| Top floor | 170.5 m (559 ft) |
| Technical details | |
| Floor count | 40 (? underground) |
| Floor area | ? sq. m |
| Design and construction | |
| Architect(s) | HOK International (Asia Pacific) Ltd |
| References | |
| [1] | |
Name
The name “World Trade Center” is a trademark owned by World Trade Centers Association (WTCA), and is used under license by WTCA's global network of members in nearly 100 countries. The former Sabeco project was not licensed or authorized by WTCA.
Background: market growth in Vietnam
During 2000–2007, Vietnam achieved an economic growth of 8-8.5%, leading to the increasing demand of office and shopping spaces in big cities like Ho Chi Minh City, Hanoi, Danang, Haiphong. Land and housing prices in these cities are unproportionate to the GDP per capita in the country.