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Vietnam attracts $16.5 billion investment for the Indochinese Triangle ... will Cambodia and Laos...

Border economic zone attracts 16.5 billion USD in investment07/08/2008Vietnam Net Bridge (Hanoi)Bo Y International Border Gate Economic Zone in Central Highlands Kon Tum province has so far drawn 24 investment projects with a total registered capital of 282 trillion VND (16.5 billion USD), according to the zone’s Management Board.The most remarkable project is a six-billion USD international airport which is jointly developed by the Global Investment Enterprise Corporation (GIEC), Sem Tech of Malaysia and PMC Group of Singapore . The first phase of the project is expected to start soon and to be completed by 2011.The GIEC has also started work on the construction of a five-star hotel in the international entertainment area with an initial investment capital of 800 million USD.Other large projects included a trade centre... [read full story]                    

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