US firms to invest 8 billion USD in Quang Nam

Quang Nam (VNA) - The central province of Quang Nam has just submitted an 8 billion USD project to the Government.

The provincial People's Committee recently reported that two American
companies, Tano Capital LLC and Global C&D, asked for permission to build a
tourism, entertainment and service project over an area of 400 ha in Dien
Duong Commune, Dien Ban District.

" Dragon Beach is a big project. The province does not have enough
authority to decide on it so we have to wait for input from the Government,"
said an official from the committee.

According to the submission, Dragon Beach will be an ecological
tourism and entertainment complex along with an international convention
centre.

"The complex will be a beautiful sight. Most hotels in the complex will be
five stars," said Nguyen Oanh Thi, an official from the Foreign Economic
Section under the provincial Planning and Investment Department.

Upon completion, the Dragon Beach complex will supply many services
relating to hotels, restaurants, bars, entertainment and electronic games
for foreigners.

"We already sent documents relating to the projects to relevant ministries
for consideration. After that, the Ministry of Planning and Investment will
send the project to the Government," said Le Minh Anh, chairman of the
provincial People's Committee.

Anh said that such a massive project in the central region would bring jobs
to local people.

He added that it should also help the province to further
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