Dubai property developer Limitless will this year restart its Halong
Star mixed-use residential and tourism project in the northern
province of Quang Ninh, which was delayed for several years due to the
company’s financial difficulties.
According to a
memorandum of understanding on the project’s implementation signed
recently by representatives of Quang Ninh province and Limitless, the
550 million USD project will cover 125 hectares of land.
The
project will feature a 250-room five-star hotel, a 100-room luxury
boutique hotel, 226 top-end villas, 85 luxury townhouses, 114
apartments, and a trade centre.
In May, Limitless signed a
new joint venture agreement for the construction of Halong Star with
Hanoi-based Sovico Holding.-VNA