FLC buys Alaska Garden City stake

Saturday, Aug 10, 2013 11:19

HA NOI (Biz Hub)— Alaska Land, investors of urban area project Alaska Garden City, sold 99 per cent of its stake to FLC Group for VND300 billion (US$14.285 million) on Thursday.

The urban area - with a total investment of VND3.5 trillion ($166.7 million) - covers 7,895ha in Dai Mo Commune, Tu Liem District.

The project is scheduled to begin construction at the end of this year and be completed in 2017. — VNS

Comments (0)