Saturday, February 23, 2008

1.3 billion USD park licensed in Ba Ria-Vung Tau


VNECONOMY updated: 21/02/2008


A project to build a park named Wonderful World in the southern coastal province of Ba Ria-Vung Tau has got license from the local authority.

The provincial People’s Committee granted the investment certificate to the Good Choice USA – Viet Nam to carry out the 1.3 billion USD project, which will cover 155 ha in Bau Trung, Nguyen An Ninh ward, Vung Tau city.

The project will include a five-star hotel with 2,500 rooms, four four-star hotels with 4,000 rooms, exhibition and conventional centres, an entertainment area with a Ferris wheel, a water palace and a cluster of Viet miniature landscapes of the Viet Nam and the world.

Infrastructure construction of the project is expected to be completed in 2010 and its entertainment items, as from 2011.