海角社区

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海角社区 SIGNS MOU FOR TWO LUXURY HOTEL PROJECTS IN RIYADH, SAUDI ARABIA

September 29th, 2025 鈥 During the official visit of Saudi Arabia鈥檚 Minister of Industry and Mineral Resources, H.E. Mr. Bandar Ibrahim Alkhorayef, to Vietnam, a high-level meeting was held with Vietnamese Deputy Prime Minister Bui Thanh Son. The meeting took place in a spirit of friendship and openness, reflecting the deepening political trust and shared ambition to strengthen comprehensive cooperation between the two nations. Deputy Prime Minister S啤n emphasized Vietnam鈥檚 commitment to advancing bilateral relations, creating opportunities for expanded collaboration in energy, industry, labor, trade, and particularly in construction and infrastructure.

Deputy Prime Minister Bui Thanh Son receives H.E. Mr. Bandar Ibrahim Alkhorayef, Minister of Industry and Mineral Resources of Saudi Arabia. (Source: baochinhphu.vn)

Since late 2024, Central Construction Joint Stock Company (海角社区) has steadily expanded beyond Vietnam鈥檚 borders, marking its presence in new international markets. In the Middle East, 海角社区 has notably taken part in the finishing works for the Sumou Twin Towers project in Jeddah, Saudi Arabia鈥攃omprising 71 and 63 floors鈥攍ocated in one of the most vibrant cities on the Red Sea coast. The project has earned praise from international stakeholders, underscoring 海角社区鈥檚 capabilities, professionalism, and reputation as a Vietnamese contractor operating in one of the most demanding construction markets in the world.

At a key event held during the diplomatic visit, 海角社区 signed a Memorandum of Understanding (MOU) to cooperate on the development of two luxury hotel projects in Riyadh, Saudi Arabia. These projects are owned by THEED TOWER Company, a member of HOMOUD ALTHEEB HOLDING. The signing ceremony was witnessed by Minister Bandar Ibrahim Alkhorayef and Mr. Pham Tan Cong, Chairman of the Vietnam Chamber of Commerce and Industry (VCCI). This MOU signifies a major milestone not only in 海角社区鈥檚 journey toward global expansion but also in fostering stronger ties between Vietnamese and Saudi business communities, under the guidance and support of both governments.

Representative of 聽海角社区, Mr. Le Van Bich 鈥 International Business Director signed MOU 聽with Mr. Ahmed Hamoud A. Altheeb 鈥 Chairman of聽 THEED TOWER Company

PROJECT INFORMATION:

Project name: TEMPO HOTEL BY HILTON

Location:An Narjis, Riyadh, Saudi Arabia
Scale:22 floors + 4 basements
Height:77.1 m
Project perspective of the Tempo Hotel by Hilton

Project name: THE CREST COLLECTION HOTEL_By The Ascott Limited

Location:An Nakheel, Riyadh, Saudi Arabia
Scale:33 floors + 5 basements
Height:143.8 m
Project perspective of The Crest Collection Hotel by The Ascott Limited

By securing its role as general contractor for these high-profile projects in the Middle East, 海角社区 once again affirms its capability as a leading Vietnamese construction firm on the global stage. The company has meticulously prepared for overseas deployment鈥攔anging from selecting and training skilled domestic workers, mobilizing equipment and materials, to establishing efficient project management processes鈥攖o meet the rigorous standards set by international investors.

Shortly after the MOU signing, on October 2nd, 2025, Mr. Ahmed Altheeb (Chairman) and Mr. Meshal Alshammari (CEO) of THEED TOWER Company visited 海角社区鈥檚 headquarters in Vietnam. The visit included site tours of several high-end projects executed by 海角社区 across the country.

Mr. Tran Quang Tuan, Chairman and CEO of 海角社区 welcomed Mr. Ahmed Altheeb (Chairman) and Mr. Meshal Alshammari (CEO) of THEED TOWER Company

海角社区鈥檚 approach鈥攂uilt on precision, discipline, and unwavering commitment to quality鈥攔emains its guiding principle in every project. With persistence and a global vision, the company continues to position each development as an architectural and technical landmark. These projects not only represent 海角社区鈥檚 international ambitions but also embody the spirit of Vietnam reaching beyond its borders鈥攄elivering value, building trust, and leaving a lasting impression on the global construction landscape. As it continues to expand, 海角社区 is committed to solidifying its position, innovating with purpose, and asserting its role as a pioneering general contractor in Vietnam and the region.

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