Construction of a five star hotel and hi-end residential area started on Ngu Hanh Son beach in the central city of Da Nang on January 9.

The project has an investment capital of 100 million USD invested by the Vegas Hotel & Villas Co. Ltd.

There will be a 140 room hotel, 8 villas, more than 130 houses, a shopping centre and other facilities.

The project will cover 15.5 ha along the Son Tra-Dien Ngoc beach, which was ranked sixth among the ten most beautiful beaches in the world by the US magazine “Forbes”.

The construction is expected to be completed in 2011.

(Source: VNA)