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Lotte to build $2b complex in HCM City

Update: May, 10/2014 - 09:40
HCM CITY (VNS)  — South Korean Lotte Group has been approved to establish a hi-tech complex in Thu Thiem New Urban Area in the city's District 2.

The $2 billion project is expected to become one of the key constructions in the city and the Southeast Asian region.

Covering an area of 10 hectares, the complex will include major commercial centre, hotels, apartments and offices.

The project is expected to complete detailed planning this year and develop in several phases in line with the infrastructure development of the Thu Thiem New Urban Area. — VNS

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