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Submitted by ctv_en_6 on Sun, 11/11/2007 - 15:00
The Global Investment Enterprise Corporation (GIEC) plans to invest US$1.7 billion in the construction of a large complex in the Bo Y international border gate economic zone.

Located in the Central Highland province of Kon Tum, the project covers a 320ha entertainment area worth US$1.1 billion, together with a 500ha trading hub and 500ha industrial zone. Investment catpial will be given in two periods: US$800 million from 2008-2010 and US$900 million from 2011-2015.

 

The project, the biggest in Kon Tum to date, is still waiting for a licence from the Bo Y economic zone management board, due to delays in site clearance and unified mechanism.

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