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A model of the largest shopping mall in Yen Bai city. — File Photo
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YEN BAI (Biz Hub) – The Hoa Sen Group began construction of the largest shopping mall in Yen Bai city, the northern mountainous province of Yen Bai on May 19.
The VND1.2 trillion (US$54.5 million) mall sprawls over a site of 1.5ha, accommodating a 15-storey block on an area of 74,410 sq.m
From May 2016 to June 2017, a four-star hotel, a convention hall, a trading centre, restaurants, cafes and multi-functional parking area will be built.
During the second stage from June 2019 to June 2020, construction of another four-star hotel and apartments will be concluded.
Operational by 2020, the mall is expected to develop Yen Bai into a second-tier city by the same year and a first-tier one by 2050.— VNS