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    Lotte Group to build eco smart city, logistics centre in Vietnam

    ANN/THE INVESTOR – South Korean retail giant Lotte Group said on Sunday it will build an eco-friendly smart city complex and smart logistics centre in Vietnam, as part of its expansion plan to cement a strong foothold in Southeast Asia.

    Under the USD900 million Thu Tiem Eco Smart City project, the company plans to construct a 60-storey building, with another five floors underground, comprising a shopping mall, cinema, office space, hotel, residences and apartments in Ho Chi Minh City.

    For the residential area, a big data and artificial intelligence-based system will provide convenient and safe smart home solutions as well as digital health care services, including remote medical examination, the group said.

    For sustainable and efficient energy management inside the building, the group will adopt an “ice storage” air conditioning system, which freezes ice at night and converts it to cool air in the day.

    According to Lotte’s plan, the shopping mall and cinema will offer smart payment options and robot and drone delivery, with the hotel providing smart concierge and robot catering services. Office spaces will adopt facial recognition and an AI-based reservation system as well. Along with the megasized construction project, Lotte Global Logistics plans to construct a smart logistics centre in the southern Dong Nai province by 2024, to boost imports and exports targetting Vietnam.

    The centre will adopt a cold chain system to cater to fast-growing needs for fresh and frozen food. It will also install automated facilities and operate container terminals.

    Lotte Group Chairman Shin Dong-bin shakes hands with Ho Chi Minh People’s Committee Chairman Phan Van Mai.
    PHOTO: LOTTE GROUP
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