1 AIT Asian Institute of Technology

Factors influencing benefits of projects : a case study of petrovietnam hotel complex project

AuthorDang Viet Cuong
Call NumberAIT Proj. no.CM-09-33
Subject(s)Building--Vietnam
Construction contracts--Vietnam

NoteA thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering in Construction Engineering and Infrastructure Management
PublisherAsian Institute of Technology
Series StatementProject ; no. CM-09-33
AbstractThe major task in Hanoi’s plan is con centrated to the investment, construction and development of the Capital to be a civilized urban, including basic completion of ring roads No.3, three big bridges crossing Red river, construction of some urban railways, continuous development of new and modern urban areas to the South, inve stment of new urban areas on the West West Lake and improvement of old ap artment buildings. Furthermore, the construction of new urban areas on the North of Red river, development of water drainage plan, phase II shall also be taken into account. Five concentrated urban sewage treatment plan ts shall also be constructed and set into operation. Beside above-mentioned important projects, Hanoi shall also concentrate on developing the service branches and fi elds as: tourism, trading, finance, banking, science and technology, public health, educa tion and training, public transport and consulting services. Beside above-mentioned important projects, Hanoi shall also concentrate on developing the service branches and fi elds as: tourism, trading, finance, banking, science and technology, public health, educa tion and training, public transport and consulting services. Developing solution: preparing to impl ement the service commitments within framework of ASEAN - WTO; construc ting the development project of 4 types of markets including: capital market , stock market, real estate market, science and technology market and labor market; constructing cooperation mechanism between Hanoi and central, provincial organs and cities in the whole countries; to provide favorable conditions in terms of administrative procedures, investment policies for en terprise to develop their services. The city is calling the foreign investme nt to high quality services, to meet more than FDI-funded 30% capital; to utilize efficiently the investment, trading and tourism promotion activities through great International events which are organized in the capital and cooperation programs of Hanoi with big cities in the world to extend the high qu ality service market and transfer of technology and human resource training. The City is implementing the support policy, cost cutting, enhancement of competitive capacity of businesses; to help the businesses to construct, develop and broadcast the trademark; to encourage and honor the enterprises with effect business. The periodical dialogue between City and enterprise leaders shall be committed to annually organize to solve th e difficulties in investment, to meet the developm ent requirement of the Capital. Some major development criteria to 2010: + Annual average GDP growth speed s from 2006-2010: reaching 11-12%. + The export turnover grow th speed: from 15-17%/year. + Social investment growth: 17-20%/year. + Telephone density: 85-95 telephone/100 people. + Scale of population: from 3.6 million to 3.7 million people. + The rate of pour decrease to below 1%. + Averagely urban residence 9-10m2/person. + Urban fresh water supply 14 0-160 liter/person/day-night. + Public transport meeting 30-35% people’s demand. Hanoi is proud to be a wealthy econo my, with young & active human resourc es having great aspiration of their city and country, as well as an environment with more and more increasing encourag ement policy though it is still on dev elopment. In the stable economics and consumption development, the need on properties is more and more increasing with rema rkable speed. Due to the increasing inc ome, the demands on better accommo dation, commodities and recreation goo ds also increase. The interest of fore ign foreign enterprises in making business in Vietnam also more a nd more increases, especial ly when Vietnam has beco me a WTO member. As a result, it lead s to the urgent and great demand on hi gh-quality Office, Residence and Hotel. Therefore, the development of high-grade International- standard senior Hotel, Office and Apartment in Hanoi is very essential a nd with economic efficiency. By this way, it contributes to bring the comfort to foreign investors to Vietnam, meeting the necessary de mand to social life. Concurrently, project also contributes to develop the Vietnam tourism, enhances the cultural exchange between Vietnam and Countries all over the world, as Vietnamese Government’s opinion, to widen both domestic and foreign exchanging and cooperation relationship. More over, the participation of foreign enterprises in general and project in particular will c ontribute an income to State budget and provide work opportunity for Vietnamese labors, and indirect contribution to social stabilization. This thesis will address the limited f actors affecting the economic efficiency in the work of the project feasibility study and proposals, solutions to ensure effective project
Year2009
Corresponding Series Added EntryAsian Institute of Technology. Project ; no. CM-09-33
TypeProject
SchoolSchool of Engineering and Technology (SET)
DepartmentDepartment of Civil and Infrastucture Engineering (DCIE)
Academic Program/FoSConstruction Engineering and Infrastructure Management (CM)
Chairperson(s)Hadikusumo, B.H.W.
Examination Committee(s)Chotchai Charoenngam ;Chiu, Greg
Scholarship Donor(s)PetroVietnam
DegreeProject (M. Eng.) - Asian Institute of Technology, 2009


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