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VietNamNews

Lotte invests in shopping centre

Update: July, 11/2012 - 10:29

DA NANG — The Lotte Viet Nam Shopping company has invested US$30 million in building the Lotte Mart Da Nang, chairman of South Korea Lotte Group Shin Dong-bin said in a working visit in central Da Nang city.

The shopping centre, which began construction on an area of 10,000sq.m last year, will be the third centre of its kind in Viet Nam after HCM City.

The group plans to increase its investment in Da Nang with a series projects of resorts, duty free shops at Da Nang Airport and cruise service in coming years.

As scheduled, the group will set to build a 10-ha entertainment and shopping centre – the biggest in Da Nang. It's expected that the Lotte Group will invest in 25 projects in Viet Nam by 2018.-VNS

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