| | Friday , Aug 17, 2007, Posted at: 17:31(GMT+7) |
| US$68 Million Invested In Biggest Resort in Viet Nam |
Malaysia-based Long Beach Corp, Viet Nam’s East South Asian Company (ESACO) and Tropicana will join hands in a joint-venture to invest in a five-star resort in southern Kien Giang Province’s Phu Quoc Island.
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| A resort on Phu Quoc island. (Photo:KK) | The Tropicana Island Resort & Spa, covering an area of 30 hectares in An Thoi Hamlet with a total investment capital of around US$68 million, would be Viet Nam’s largest luxury resort and the first five-star resort on Phu Quoc Island.
It will include more than 100 luxurious villas and 250 bungalows located on both the mountainside and by the sea. The resort will also have restaurants, recreational and water sport areas and other facilities. Its architecture will incorporate traditional Vietnamese design.
Construction is due to begin on September 18, to be completed by 2010.
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