Berjaya: Viet project work to start in 2012

Posted on | November 5, 2009

By BUSINESS TIMES


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.

You might also like

BLand: US$7.35b GDV for Vietnam project By BUSINESS TIMESBERJAYA Land Bhd (BLand) says its planned integrated township project on 925ha in Ho...

Berjaya plans US$500m Japan project By BUSINESS TIMESBerjaya, controlled by Tan Sri Vincent Tan Chee Yioun, plans to build a hotel and residential...

BLand gets Viet cert for project By BUSINESS TIMESBERJAYA Land Bhd (BLand) said yesterday that it has received the investment certificate...

BLand may start work on S. Korean project next year By BUSINESS TIMESBERJAYA Land Bhd (BLand) (4219) is expected to start construction of its maiden US$3...