Vinh Trung Plaza project in Danang city will increase capital to US$ 100 million for broader-scale investment, Mr Dam Quang Tuan, CEO of Duc Manh Joint Stock Company, has announced.
The additional funds will be used to construct a five-star hotel with 400 rooms in eight storeys.
The hotel will be located behind the two main towers.
In addition, Duc Manh Company will also broaden Hung Vuong and Ong Ich Khiem roads by 20m to provide wider sidewalks for walkers when travelling around and shopping.
The construction of the two main towers is scheduled to be completed this year and the whole work in early 2009.
Source: TBKTSG Online
Translated by Hoang Anh