Dubai-based integrated real estate development company Limitless, has announced that groundwork is underway at Halong Star, a $550 million joint venture residential and tourism project being developed in Halong Bay, Vietnam.

Earthworks have begun on a significant portion of the 120 hectare site, which overlooks the Unesco World Heritage Site of Halong Bay on Vietnam’s north-east coast. Construction of the main access road is also in progress.

The news comes as Limitless chairman Ali Rashid Lootah visited the Halong Bay site for update meetings with Government officials, including Nguyen Van Doc, secretary of Quang Ninh Party Committee.

Lootah was also joined in Vietnam by William Heinecke, founder, chairman and CEO of Minor International, for site tours and discussions on possible future collaboration at Halong Bay.  

Limitless’ sister company, Nakheel, is already working with Bangkok-based Minor on plans for two hotels in Dubai.

Halong Star will feature 340 villas and apartments, retail and leisure facilities and a five star hotel. - TradeArabia News Service