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Article: 2 bln USD Malaysian urban scheme gets go-ahead.

Article from:
Vietnamese News Agency
Article date:
November 5, 2009
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Dong Nai (VNA) Malaysian property developer Berjaya on Nov. 4 received the licence to build the Nhon Trach New Urban Area in southern Dong Nai province.

To cost around 2 billion USD, the urban area will be developed on an area of 600ha spread over the three communes of Long Tan, Vinh Thanh, and Phuoc An.

This will be a modern, multifunctional urban area with adequate infrastructure, said Le Hoai Nam , chief executive officer of Berjaya Leisure (Cayman) Ltd, a subsidiary of the Malaysia-based Berjaya Land Bhd (B-Land).

The area will have an administrative centre on 29ha, a trade centre (69ha), a cultural centre ...

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