S. Korean Firm to Build Golf Course in Mekong Delta
South Korea’s Hyoil Company June 8 received a license to build a 36-hole golf course and a resort in Mekong Delta Long An province of Vietnam. The US$58-million complex covering 280 hectares is planned to be built in June 2008 in My Phu commune, Thu Thua district.
The first phase of the project is expected for completion in 2010 and the whole construction will be finished in 2015. Foreign investment into the golf course construction in the communist nation is increasing.
As of the end of 2005, Vietnam already had more than ten operational golf courses and 13 others under construction.
Currently, there are three golf courses operational in northern Vietnam, namely the Dong Mo golf course in Ha Tay, Chi Linh course in Hai Duong province, and Tam Dao in Vinh Phuc province. (VNA)
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