|12-21-2014, 10:11 PM||#1|
Nakheel to continue its $550 million project in Vietnam
One of the leading real estate developers in UAE, Nakheel, will continue with its delayed $550 million project in Vietnam`s northern province of Quang Ninh in January.
The project was mainly postponed to financial issues after that it was launched in 2007 but will carry on in January to feature a 250-room five-star hotel, 226 villas, 85 upscale residences, 114 apartments and a retail centre.
Nakheel continues on successfully expanding on a local and global scale always offering quality rather than quantity throughout its major mega projects.
Last month it signed a contract with one of the biggest cinema operators of the world, Vox Cinemas, to open 15 movie theatres in Nakheel Mall on Palm Jumeirah.
Nakheel Mall development started last year and is to be completed by 2017 to fill up a 418,000 square feet areaat Palm Jumeirah with around 300 shops, five retail levels and three basement parking levels with 4,000 spaces.
Also last month the leading real-estate developer signed on Sunday a new Dh150 million construction contract for a project called "The Boardwalk" consisting of a huge artificial riverside attraction.
Nakheel is one of the world’s largest real estate developers, expected to expand its iconic portfolio of innovative landmark projects while building world-class destination for living, business and tourism.
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