Vina Dai Phuoc, a joint stock firm of VinaCapital and Development Investment and Construction Company (DIC), has won an investment licence from local authorities to urbanize 200ha of Dong Nai Province.
Vina Dai Phuoc, a joint stock firm of VinaCapital and Development Investment and Construction Company (DIC), has won an investment licence from local authorities to urbanize 200ha of
The Hoa Sen Dai Phuoc Project, with an investment of US$400 million, is a part of the larger Dai Phuoc Eco-tourism Urban Area project in Nhon Trach District. It will include high quality resorts, villas, apartment buildings and a centre for developing shopping malls and office complexes. Kindergartens, schools and public parks will also be built.
Construction will begin next year and finish in 2016.
"It is one of VinaCapital’s biggest projects and the first in Dong Nai," said Seth Lim, general director for Vina Dai Phuoc.
VinaCapital is an investment management group, currently managing four funds worth over US$1.8 billion.
(Source: VNS)
