US$25Mln Resort Planed in Former Prison Island

3:26:42 PM | 7/8/2005

US$25Mln Resort Planed in Former Prison Island

 

A high-end recreation complex costing US$25 million will be built on offshore Con Dao Island in southern Ba Ria-Vung Tau province, the once notorious site of French prisons.


The project was inked between the Vietnamese Oil & Gas Tourism Service Company and the Japanese UDS Tokyo Designing and Constructing Joint Stock Company in
Vung Tau City on June 16.

 

The complex will comprise of a luxury eco-tourism & recreation center with standard facilities including restaurants, physiotherapy and diving services, the developers revealed.

 

The move will contribute to exploring great potentials on tourism of the Island, local authorities said, adding that the historical site, the prison built by the French in 1861 and which incarcerated thousands of Vietnamese revolutionary prisoners, primeval forests and rare sea products are “specialties” of Con Dao.

 

Last year, Indochina Capital Corporation, an American-run regional merchant bank, teamed up with a French private company to build a US$4.5 million resort on the Island, aimed at turning the island, which lies 230 km from Ho Chi Minh City, into a new tourist hotspot.

  • Vietnam Economic Times