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Thursday, 05/03/2007 2:44:24 PM

Thursday, May 03, 2007 2:44:24 PM

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US group to develop million-dollar projects in Vietnam


US-based Eighth Wonder Group says it will cooperate with Vietnam's Southern Bank to develop several million-dollar projects in Vietnam.
A delegation from Eighth Wonder visited the local joint-stock bank last month to look into its operations and introduce projects it aims to develop in Vietnam.

The two firms agreed to develop an eco-tourism project in District 9; a hotel, recreation and housing complex in Binh Tan District; and a resort and golf course in the Mekong Delta.

EWG also aims to build a US$4 billion coastal resort, Harry's Island, a 12-hotel complex with 3,000-4,000 rooms, 20 art galleries and 50 restaurants.

EWG will be fully entitled to employ all Southern Bank’s services.

Headquartered in Las Vegas, the Eighth Wonder Group specializes in conceptualizing, designing and developing entertainment and retail companies, and international-standard hotels.

Source: VNS

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