Indochina Capital to Build US$45 Mln Golf Course in Central Vietnam
Indochina Capital Group, one of Vietnam’s leading financial services firms, will build a golf course worth US$45 million in the central Danang city to tap local potentials, an official of the group announced March 24.
The Montgomerie Links Vietnam project will draw the participation of Gravity Partnership and other foreign investors.
Work on a 3,000 square-meter club-house has been kicked off, while other works will start soon, the official added without revealing the project details.
“There are five reasons Indochina Capital selects to invest in Danang, including high economic growth rate, good conditions of infrastructure networks, high-quality labor force and strategic position,” Peter Ryder, CEO of the group said.
So far, Indochina Capital has invested in building around ten complexes and resorts, as well as three golf courses in Vietnam, with a total capital of more than US$1 billion.
Indochina Capital is currently managing US$1.8 billion of the two land funds and a securities fund. (Labor)
Vietnamese
