VND1,200 billion invested in Vina Universal Paradise Zone

The Quang Ngai provincial People’s Committee on November 28 made public a detailed plan for the Vina Universal Paradise Trade and Service Zone project in Son Tinh district and granted it an investment certificate.

The zone will be built on an area of 60 ha with a total investment capital of VND1,200 billion. The project will be carried out from now to 2012, including areas for trade, services, top-notch villa and a sports complex.

The zone is the second project in Quang Ngai province funded by Tan Tao Group from Ho Chi Minh City. Earlier, the group received a license from the province to build the Vina Universal film studio-the largest of its kind in Vietnam-in Duc Pho district with a total capital investment of US$50 million.

Source: VNN