Construction of the Hilton Da Nang between Tran Phu and Bach Dang streets officially restarted on Thursday morning after a long delay due to a shortage of capital.

The Hoa Binh Construction and Real Estate Corporation is responsible for constructing the project’s foundations and basements.

The 800 billion VND project comprises a 29-storey 5-star hotel, plus a 21-storey apartments and commercial complex with offices for lease or sale.  Developed by the USA’s Hilton Group and the Bach Dang Trading-Services-Hotel Company, the project is expected to be completed in another 20 months.

An artist’s impression of the new Hilton complex in Da Nang