Telco involved in US$2 billion fun park

West HCM City Telephone Company on Wednesday signed a contract with Khang Thong group to develop the US$2 billion Happyland amusement park in the Mekong Delta province of Long An.
West HCM City Telephone Company, a unit of Vietnam Posts and Telecommunications Group, will provide telecom services and information technology for several works such as the administration building and Happyland studio in the first phase of the fun park project.

But both sides declined to reveal the value of the cooperation deal.

The two companies also signed a memorandum of understanding on development of phase two of this project, including building and operating a couple of properties in addition to telecom and IT infrastructure development.

Work on Happyland amusement park started last February. The park covers 338 hectares and it is expected to expand in the future.
Saigon Time Daily

Posted by VBN on Oct 21 2011. Filed under Telecommunication. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry