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Thursday, November 5, 2009

Berjaya: Viet project work to start in 2012

BERJAYA Land Bhd will start to develop its US$6.3 billion (RM21.55 billion) 600ha Nhon Trach New City mixed development project in Dong Nai Province, Vietnam, in 2012.

Its wholly-owned subsidiary, Berjaya Leisure (Cayman) Ltd has received the investment certificate from the licensing authority in Vietnam for the project, Berjaya Land said in a filing to Bursa Malaysia yesterday.

The project will be developed in stages until 2030 and managed by Berjaya Leisure's unit, Berjaya Nhon Trach New City Center.

By Business Times

Posted by Kimberg at 6:44 PM
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