This deal has been signed and GCC will receive 5% for their services. Expect more news in the coming weeks, as IR says "the tide has turned" in GCC's favor.
Dragon Beach Project
Vietnam allows $4.15 Billion US investment in eco-tourism project
Oct 05, 2009
HANOI - Quang Nam province authorities have issued a license to allow two U.S. firms to invest $4.15 billion in an eco-tourism project, state media reported Monday, citing a provincial government source.
Tano Capital LLC and Global C&C Inc. plan to build the Dragon Beach project in the province, which is 800 kilometers south from Hanoi, said the Thoi Bao Kinh Te newspaper.
The project will cover 400 hectares and have sports facilities, hotels, commercial buildings and offices, it added.
The newspaper didn't says when the project will be built or when it is scheduled to start operating.
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