Licensing Dankia -Suoi Vang Resort

12:20:52 PM | 5/19/2007

The People’s Committee of Lam Dong Province has approved the Japanese-invested Para Phan Joint Stock Company investment in Dankia - Suoi Vang tourist site.

Accordingly, the company will invest in the Dankia - Suoi Vang Resort to develop the area into a general tourist site. The site covering 5,070 hectares costs some 100 billion yen. However, Lam Dong Province authorities warned that if Para Plan Joint Stock Company fails to submit the investment plan, the licensing will be invalidated.
T.N