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23-06-14

Dubai's Magnum to invest USD262m in Vietnam

(MENAFN) A Dubai-based company said it plans to launch an ecotourism project worth USD262 million in Vietnam, according to Arabian Business. Magnum Group will construct the project in Truong Le Mountain ecotourism zone and South Sam Son coast project, The People' s Committee of Thanh Hoa province said. The project, which agreement has been signed by Sam Rehani, Magnum's chairman and general director and Dong A Real Estate Corporation, will include a golf complex and a luxury international resort.