The Trustee Suisse from Switzerland has asked for permission to build a US $2.64 billion "Asian Pearl" project in Phu Quoc island, off the southwestern province of Kien Giang.

Designed to cover 200ha in northern Phu Quoc, the project will include a financial centre, and a residential quarter and a tourism complex.

Earlier, the Limited Investments Zone from Texas, the US, asked for permission to invest US $2 billion in building a complex, including a Las Vegas-styled casino and hotel, privately-owned flats, a cinema and other entertainment facilities and a high-quality hospital on the island.

(Source: VNA)