The construction of Conic-Lang Co Resort on Jan. 13 was started in Chan May Industrial Park, Phu Loc district, Thua Thien-Hue by Gia Minh Conic Company (Conic Group).

The resort will be constructed on an area of 10ha at the cost of VND 400 billion. It will include 200 sitting rooms, 40 five-star villas, international standard convention halls.

The construction has been scheduled to end in Dec. 2009.

On the same day, Lap An Investment and Development JSC, a joint venture between Gia Minh Conic and Lap An Development companies (a subsidiary of Danish property group Nordica Properties), received an investment licence from the Thua Thien-Hue People’s Committee to carry out the Lap An-Lang Co resort and golf course complex project.

The complex will be located on the total area of 145ha with more than 800 villas and high-level apartments besides a nine-hole golf course.

A Venice-style channel system will be built in the area in addition to 23 artificial islands in Lang Co Bay.

The project will be carried out from July 2008 to Dec 2011 at VND 5,000 billion.

Source: TP

Translated by Hoang Anh