A ceremony to activate four key projects in Bo Y International Border Gate Economic Zone on May 19 took place in the presence of the Kon Tum People’s Committee and investors.

The four projects worth VND 14,000 billion include a five star hotel project at a cost of VND 12,000 billion, an ecological city complex worth VND 500 billion in northern Bo Y, and two city complexes in western Bo Y worth VND 1,500 billion.

The construction of the five star hotel is to be completed within 3.5 years and the three city complexes will be available in five years.

Bo Y International Border Gate Economic Zone is located on an area of 71,138ha as an economic hub of the Vietnam-Laos-Cambodia triangle, linking the East-West economic corridor of the region.

Source: TN

Translated by Hoang Anh