Monday, January 26, 2009

Vietnamese real estate businesses turn their gaze abroad

The Housing and Urban Development and Investment Corporation (HUD) is one of the pioneers of this move, agreeing a joint venture project with Cuba’s Palmares Group to construct a 36-hole golf course, in combination with tourism, service and apartment areas on 300-400 hectares of land in Colodera (Bauta).

HUD also reached an additional agreement with Palmares to build their second golf course in Cabodela (Varadero). It plans to cooperate with Cuba ’s leading tourism group, Cubanacan, to construct a five-star hotel in Santa Lucia ( Camaguey ) and with Gran Caribe to upgrade Capri Hotel in Havana .

Vietnam Real Estate News

Chao Vietnam Properties