Work on US$110 million resort starts in Da Nang

The Saigon-Da Nang Investment Joint Stock Company (SDN), a member of Saigon Investment (SGI), began construction of a US$110 million resort started in the central city of Da Nang on May 4.

The 12-hectare Le Meridien Danang Resort and Spa lies on 500m long Son Tra-Dien Ngoc coastline. It includes a five-star hotel with 349 bed rooms and a villa and apartment area for sale and lease.

Close to the World Cultural Heritages of Hoi An ancient town, My Son sanctuary, Hue ancient city and Da Nang international airport, Le Meridien Danang Resort and Spa is expected to meet demands on entertainment, shopping and sightseeing of visitors and residents.

The project, the third of its kind invested in Da Nang by the SDN, is scheduled to be complete and operational in 2013.

Also on this occasion, the SGI and the SDN donated VND1 billion to the Fund for the Poor of Ngu Hanh Son district, Da Nang city.

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