Australian company to build luxury resort in Hue

An Australian company will invest 50 million USD in the construction of a high-end resort in central Thua Thien-Hue province, said a provincial official.

Phan Ngoc Tho, Chief of the provincial People’s Committee’s Office said that the committee granted an investment licence to Lost World Co. Ltd, an affiliate of the Wings Trust Company, on December 11.

Covering nearly 50 ha in Vinh Thanh and Vinh An communes in Phu Vang district, the resort will include a complex of 50 villas, a 350-room hotel, meeting halls and entertainment and sports centres.

VNA

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