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Vingoup talks investment with Quang Ngai

Released at: 15:04, 15/10/2015

Vingoup talks investment with Quang Ngai

People's Committee in central province meets with major investor over plans for local investments.

by Hoai An

The Quang Ngai Provincial People’s Committee held a meeting with Vingroup on October 14 regarding the feasibility report on building Vincom Quang Ngai, a commercial center and residential area (called Shophouse) in Quang Ngai city.

According to the People’s Committee of the central province, Vingroup will build a shopping center with four floors with its supermarket and electrical equipment retailer. The residential area, Shophouse, will cover at a total area of 1.1 ha and is a new model introduced successfully by Vingroup in many cities and provinces due to its perfect combination between a modern shopping center and commercial housing to maximize business efficiency.

Vingroup also reported to the meeting its ideas on construction planning for a complex in Binh Chau on an area of 2,200 ha, which would include a luxury hotel and three golf courses.

Chairman of the Provincial People’s Committee Tran Ngoc Cang spoke highly of the plans for Vincom Quang Ngai and assigned related departments and agencies to work with the group on completing procedures, in particular those for land, and directed authorities to approve implementation at the earliest possible time.

However, a representative from Vingroup told VET that despite the group meeting with the Provincial People’s Committee the projects are still in the research stage.

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