Limitless, the Dubai real estate developer and part of the conglomerate Dubai World, has announced it will build a US$220 million, mixed-use project in Vietnam.
The announcement comes as HH Sheikh Mohammed bin Rashid Al Maktoum, the Ruler of Dubai, is on a state visit to Vietnam to discuss bilateral relations.
Halong Star, a 125 hectare development at Halong Bay on Vietnam's North East coast, was confirmed at the signing of a joint venture between Limitless, Phuong Hung Joint Stock Company and International Property Investment Partners.
The Halong Star development will include a 250-room hotel, the first five-star property in an area designated a World Heritage site by the United Nations.
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