Trustee Suisse (Switzerland) has asked Kien Giang southern province to authorise them to invest EUR 2 billion in a tourist project on Phu Quoc Island.

The project called “Asian Pearl” is expected to be carried out in Rach Tram to the north of the island, including a financial centre and a tourist complex on a total area of 200 hectares.

The provincial authority had signed a deal with the investor, allowing them to make a survey in the area, said Bui Ngoc Suong, Chairman of Kien Giang Provincial People’s Committee to Tuoi Tre newspaper.

The firm is now surveying the area and completing procedures to ask for an investment license, he added.

(Source: Nhan Dan)