Quang Dai Co. Invests US$250Mln in Da Nang City's Special Tourist Area
Chairman of the People's Committee of central Da Nang City Hoang Tuan Anh in June 2004 provided the Quang Dai Joint Stock Company in Hanoi with investment license for Games with prize (casino) for foreigners in the special tourist area of Lang Van-Nam O invested by the company.
The 350-hectare tourist area, excluding water surface, is located in Hoa Hiep Ward, Lien Chieu District, and will be completed after three years with total capital of US$250 million.
The People's Committee has also asked Quang Dai Company, the investor, and the city's relevant authorities to urgently carry out the project.