US$400 Mln Tourism Complex to Be Built in Central Vietnam
Central Binh Thuan province has granted a license to Deltza-Valley Ltd., Co to build a US$400 million tourism complex in the locality.
The Delta-Valley Binh Thuan project will cover 1,000 hectares. It will be home to golf course, spa resorts, car parks and other entertainment facilities.
This is one of the biggest foreign-invested projects in Binh Thuan.
Prime Minister Nguyen Tan Dung on a recent visit to Binh Thuan has pledged favorable conditions for the locality to tap potential to become a large tourism center in the country.
In the first six months of the year, the province welcomed more than one million visitors, a year-on-year increase of 12.8 per cent.
Over the past year, Binh Thuan licensed 38 projects to build large-scale tourist sites and develop new tourism types. Of these, eight projects have been completed and have come into operation.
The province is now home to eight four-star resorts and hotels, excluding the just-completed Sea Lion. It targets more than 20 operational properties of four to five-star ratings by 2010. (Investment, Saigon Liberation)
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