(KPL) The Vientiane New World, which will be built in the heart of Vientiane Capital, has revised its design to be more Lao rather than western, Sales and Marketing Director of CAMCE Investment (Lao) Co., Ltd, Mr. Hao Chengsong said yesterday.
The amendment to the design is now complete and is being prepared for submitting to the Lao government for consideration of approval.
Mr. Chengsong told KPL News yesterday that people in Laos and oversea will touch the completed Vientiane New World in the Lao style by 2018.
"We will start constructing commercial and residential facilities (phase II) this year and expected to be complete by 2015. This site will be given to Lao government as a special gift of the government of China for the 40 th founding anniversary of the Lao People�s Democratic Republic,"said Mr. Chengsong.
He continued that inside the commercial complex there would be an international culture and tourism centre, which consisted of various business types such as tourist centre, Lao traditional shopping areas, restaurants where delicacies from Laos and southeastern Asia were available, cafes, bars, and KTV as well as cinema of international standard and shopping mall. It will become the most luxurious life centre, social and fashion centre in Vientiane.
In residential area, there will have international residential centre which composes of luxurious residence forms such as ASEM Villa, diplomatic apartment, service apartment and Glory Mansion, as well as urban residential facilities such as club, gym, swimming pool, international kindergarten etc. It will become Laos' first international living area.
For the final phase, we will construct business centre which will consist of three types of offices including landmark office building, enterprise headquarter building along the river, and SOHO offices, as well as a five-star international-standard business hotel. It will be the best business platform for large companies and international organisation, Mr. Chengsong explained. The construction work of this phase will start in 2017 and expected to be fully complete in 2018.
Vientiane New World covers an area of 42 hectares with a planned construction area of over 700,000 square meters, it consists of walking street, shopping mall, cinema, enterprise headquarter buildings, modern office buildings, hotels, service, apartments and garden apartments. A city centre will lead Vientiane into the future.
