6/19/2009 8:25:28 AM

The Kien Giang Province’s People’s Committee has issued investment licences for 25 projects on Phu Quoc Island, with a total capital of more than VND30 trillion (US$1.7 billion). The Phu Quoc Island Investment and Development Management Board said seven of the projects were foreign-invested, with a capital of VND9.8 trillion ($550 million).

Trustee Suisse has invested 2 billion euros in a f000 finance and tourism centre, in co-operation with the Viet Nam Construction Import-Export Corporation (Vinaconex). The US-based Rockingham Group has poured $1 billion in a tourism and entertainment complex and Starbay Vietnam has invested $1.8 billion in the Starbay Resort Complex.

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