Dubai property developer Limitless will this year restart its Halong Star mixed-use residential and tourism project in the northern province of Quang Ninh, which was delayed for several years due to the company’s financial difficulties.

According to a memorandum of understanding on the project’s implementation signed recently by representatives of Quang Ninh province and Limitless, the 550 million USD project will cover 125 hectares of land.

The project will feature a 250-room five-star hotel, a 100-room luxury boutique hotel, 226 top-end villas, 85 luxury townhouses, 114 apartments, and a trade centre.

In May, Limitless signed a new joint venture agreement for the construction of Halong Star with Hanoi-based Sovico Holding.-VNA