Construction of the five-star Le Meridien hotel started in district 1, Ho Chi Minh City on November 2.
Le Meridien will be built with 24 storeys and 3 basements for a five-star hotel and A-class office space.
The project, with an investment capital of almost US$120 million, is scheduled for completion in May 2012 and will be operated by the US’s Starwood group.
This will be the first time that a five-star hotel has been built by Vietnamese contractors.
VOVNews/VNA
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