Thursday, January 10, 2008

Huge complex to be built in southern Sai Gon

Huge complex to be built in southern Sai Gon

09/01/2008 -- 7:13 PM

HCM City (VNA) – The Malaysian construction company WCT Engineering Berhad was granted an investment license to undertake the 200 million USD Platinum Plaza in southern Sai Gon urban area on January 9.

The 9ha complex encompasses a four-star hotel, an office building, a service and trading centre and sports and entertainment areas.

The project is a cooperation between WCT and its Vietnamese partner Minh Thien Construction and Trading Company Ltd.

So far, 55 foreign invested projects with total registered capital of 1.3 billion USD were granted licenses in the area.

In 2007 alone, the southern Sai Gon new urban area attracted 26 foreign investment projects worth a total 398 million USD.-Enditem

(VNAgency)

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