Phu An Infrastructure Construction and
Development Investment Joint Stock Company (INDECO), a unit of Khang
Thong Group, invested on Happyland Vietnam modern entertainment complex
area in Ben Luc district, Long An province with total investment of
nearly two billion US dollars.
The project was approved by the prime minister on September 2009 and
granted investment certificate on June, 2010 by Long An People
Committee.
The famous companies in planning consulting, design, management such as
Steelman Parners, Meinhardt, Savills participated on the 338 hectare –
work.
Under its design, the complex will be a combination of local and modern
features along with an exhibition centre, large-scale trade centre, 3-5
star hotels, water park, dance hall, indoor and outdoor theatres,
cultural centre, art museum and urban area. It is designed to receive 14
million visitors a year.
Pham Van Tran, director of Long An provincial Culture, Sport and Tourism
Department said the project will boost the service industry in the
province to 36 percent by 2020 and generate about 10,000 jobs.
Apart from capital of three big banks (Agribank, Bidv, OceanBank), Khang
Thong Group will sell Indeco's shares to foreign partners to guarantee
for the work's capital.
The complex will be started work on January 2010 and finished on April 24, 2014.