Vietnam Firm Starts Building US$110M Resort & Spa in Danang City
Saigon Danang Investment Co (SDN) under Saigon Investment Group (SGI) begins to build a resort & spa project worth US$110 million in Son Tra-Dien Ngoc Beach in Vietnam’s central city of Danang on May 4.
Covering an area of 12 hectares, the Le Meridien Danang Resort & Spa will comprise a five-star hotel with 349 rooms, 149 apartments and 48 villas for sales and rent and other entertainment facilities.
U.S.-based WATG, Australia’s Indochine Engineering, France’s Noor and Singapore’s BuregaFarnell are designers of the project.
The facility is slated for completion in 2013. (Vietnam Economic Times)
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