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Sep 23, 2008 09:54 AM
Laos steps into big time golf with plans for new US1 Billion dollar course in Vientiane, Laos
Website Quote
http://www.thanhniennews.com/business/?catid=2&newsid=41898
Vietnamese firm Long Thanh Golf Club and Residential Estate will invest US$1 billion in a golf course construction project in Laos, an official from the firm told Thanh Nien Daily.
Under a memorandum of understanding recently signed by chairman of the firm’s management board and general director Le Van Kiem, and Vientiane mayor Sinlavong Khoutphaythoune, the project will commence in a 500-hectare area in Vientiane capital next month, said Kiem’s assistant Pham Thanh Minh.
The company will strive to accelerate the project, which includes the construction of a 36-hole golf course, a 5-star hotel, a hospital and a school, so that the golf course’s first 18 holes will be complete by 2010 to commemorate the 450th founding anniversary of Vientiane capital, he said
GreenTGolf wishes all the best to the investors and the developers of this prestigious new golf course in Laos
