Nakheel: Major talks with Vietnam for expansion 


Leading property developer in Dubai, Nakheel, recently hosted the Vice President of the Socialist Republic of Vietnam, HE Madame Dang Thi Ngoc Thinh, to discuss long-term collaboration for real estate development.

The Vice President and her delegation visited Nakheel’s Dubai headquarters for discussions before touring the world-famous flagship Palm Jumeirah by boat. The group learned how developer’s creativity and innovation continues to set new standards in master planning, waterfront development and urban design, and how this unrivalled experience can be applied in Vietnam, where Limitless (Nakheel’s sister company) is already developing the 544.5 million, tourism-focused Halong Star project through a joint venture with a Vietnamese partner.

Overlooking the UNESCO World Heritage Site on Vietnam’s north-east coast, Halong Star includes hospitality, residential, retail and leisure components. Ground preparation and infrastructure work is in progress. Halong Bay expects to attract 15 million visitors a year by 2020.

Travel Forward 20