Pendlebury recreation centre

Director of the city’s Investment Promotion Agency (IPA), Huynh Thi Lien Phuong said the MoU, which was signed late last month, aimed to build a trading centre, casino, high-end entertainment and luxury apartments in the coastal area. She said the project would be built on an area of 84,000.sq.m on the beach-front at Vo Nguyen Giap and Vo Van Kiet streets in the Son Tra peninsula. Phương said Da Nang authorities would auction land-use rights for the finance-trade-casino complex in the future. She said the city was drawing up a detailed plan for the first international duty-free zone and smart urban area for investors. Last year, five key investors – the Import-Export Pan Pacific Group (IPPG), T&T Group, New Techco company from Vietnam, and Sakae Holding and another company from Singapore – registered for a land-use rights auction for a US$2 billion finance-trade-casino complex in the central city. Jonathan Hanh Nguyen, who is chairman of IPPG Group, urged the city to … [Read more...] about Vietnam: Da Nang’s Central city to develop an international finance centre

The People’s Committee of central Dang Nang city and the Import-Export Pan Pacific Group (IPPG) has signed a Memorandum of Understanding (MoU) on the development of an international and regional finance centre to attract investors in the future. Director of the city’s Investment Promotion Agency (IPA), Huynh Thi Lien Phuong said the MoU, which was signed late last month, aimed to build a trading centre, casino, high-end entertainment and luxury apartments in the coastal area. She said the project would be built on an area of 84,000.sq.m on the beach-front on Vo Nguyen Giap and Vo Van Kiet streets in the Son Tra peninsula. Phuong said Da Nang authorities would auction land-use rights for the finance-trade-casino complex in the future. She said the city was drawing up a detailed plan for the first international duty-free zone and smart urban area for investors. Last year, five key investors – the Import-Export Pan Pacific Group (IPPG), T&T Group, New Techco company from … [Read more...] about Da Nang to develop international finance centre

SINGAPORE - Singapore's tightened circuit breaker measures will remain in place for another week, with businesses like barbers, home-based bakers and laundry services allowed to resume operating on May 12. Some measures will also be adjusted next week. But the multi-ministry task force handling the outbreak took pains to stress that this did not mean the battle with the disease was won. "We are making good progress but we are not yet at single digits when it comes to local transmission, so it is not time to lift the tighter measures we have in place," said National Development Minister Lawrence Wong on Saturday (May 2). "We still need to continue for another week. But we can start making some adjustments." Mr Wong stressed, however, that the situation remains fluid and plans may need to be adjusted further, depending on how the situation unfolds in the coming weeks. "The bottom line is, this is not the time to slacken and let our guard down. We may be easing some measures … [Read more...] about Tightened circuit breaker measures extended for another week; some activities allowed to resume from May 5

Come with creative investment proposals on tourism products and services to make Putrajaya an iconic ecotourism draw. That is the message from Federal Territories Minister Tan Sri Annuar Musa to the private sector, as a way to increase the number of visitors to the administrative capital. “As Putrajaya is already a planned city with iconic buildings and complete facilities, private companies can readily utilise them, ” he said during a press conference to announce a glamping project in Putrajaya Wetlands Park. “This means they will not need big capital expenditure but just add value and run promotion programmes to draw attention to their tourism products and services. “We will be open and transparent so that these companies can help make Putrajaya a major recreational city that is eco-friendly and family-oriented, ” he said during the event held in Precinct 3. Annuar noted that Putrajaya was lacking in pull factor, which explained why the 25-year-old administrative capital … [Read more...] about Putrajaya keen to attract ecotourism projects