Thursday, January 31, 2008

Posco engineering to build $3 billion city in Vietnam

Posco is among developers and investors betting on Vietnam’s property market as the local share market declines and concerns intensify about a global housing slowdown, the Journal said.

Keangnam Enterprises Co., another South Korean company, is building the $1 billion, 72-story Pride Tower in Hanoi, the news-paper said.

Vietnam Real Estate News

Chao Vietnam Properties