Australian company to build luxury resort in Hue (Monday, 12.15.2008, 05:40am)
An
Australian company will invest USD 50 million in the construction of a high-end
resort in central Thua Thien-Hue province, said a provincial official.
Phan Ngoc Tho, Chief of the provincial People’s Committee’s Office said that the
committee granted an investment license to Lost World Co. Ltd, an affiliate of
the Wings Trust Company, on December 11, 2008.
Covering nearly 50 ha in Vinh Thanh and Vinh An communes in Phu Vang district,
the resort will include a complex of 50 villas, a 350-room hotel, meeting halls
and entertainment and sports centres.