Vientiane- Long Thanh golf project inaugurated
Invested by the Vientiane KN Group,
the 36-hole golf course is part of the Vientiane-Long Thanh special
economic zone covering an area of 557.74 ha with a total investment of 1
billion USD.
Besides the golf course, the
zone includes a five-star hotel, a school and an international hospital,
a luxury resort, a trade centre, sports facilities and an urban area
with over 2,000 villas.
The zone is expected to be completed in 2020, generating over 3,000 jobs for local people.
Addressing the inaugural ceremony, Lao Deputy Prime Minister Somsavad Lengsavad highly valued the Vientiane KN Group’s effort to complete the project on schedule, affirming this is a significant event in promoting bilateral cooperation and investment.
He said he hopes the group will
accelerate the construction of the Vientiane-Long Thanh special
economic zone, the first of its kind invested by Vietnam in Laos
, and turn it into a model special economic zone.
Laos
took this opportunity to present Le Van Kiem, chairman of the Board of
Directors of the Long Thanh-Vientiane special economic zone, with the
Development Order./.VNA