Singaporeans pull plug on Da Lat resort

The Singaporean investors in the long-delayed Da LatDankia resort in Lam Dong province, once touted as the country’s largest tourism projects, are withdrawing for financial reasons.
Natsteel Ltd & Leisure Industries, LKN Management Services Pte and Jurong Environment Engineering Group informed the provincial government they would pull out of the project, seven years after the US$706 million tourism project was licensed.

 

Category: Business