Vietnam’s Long Thanh Golf Trading and Investment Co. began construction of a USD one-billion golf course and real estate project in Vientiane on Jan 3, making it the largest foreign investment venture in Laos. Covering an area of 557.7 ha, the project will feature an 18-hole golf course, a five-star hotel, high-grade villas, a resort and school and hospital facilities. The project is expected to become operational after 12 years of construction. Lao Deputy Prime Minister Somsavat Lengsavad said at the ground-breaking ceremony that the project reflected the special friendship between Laos and Vietnam.
Source: KPL – Lao News Agency
