Israeli billionaire eyes investment in seven-star hotel in Hanoi

Hanoi (VNA) - Issac Tshuva, President of Israel's Elad group, who is the world's 214th biggest billionaire, has expressed his wish to build a seven-star hotel in Hanoi .

Issac Tshuva was meeting with Vietnamese Construction Minister Nguyen Hong Quan in Hanoi on July 15 during his working visit to Vietnam .

The billionaire said that the project will be among largest hotels in the world, also featuring a conventional area, a complex of high-level housing and offices equipped with state-of-the-art utilities. The model has been underway in Singapore .

The Vietnamese host affirmed that Vietnam hailed and would create
favourable conditions for Israeli investment in international-standard projects, practically the plan to build a seven-star hotel in Hanoi.