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Press release Vietnam Market Two major projects under construction in Thua Thien Hue
Press release Vietnam Market Two major projects under construction in Thua Thien Hue
Two major projects under construction in Thua Thien Hue
A ground-breaking ceremony for two major projects to build the LaGuna-Hue eco-tourism area and the Saigon-Chan May industrial and customs duty free park was held in the Chan May-Lang Co economic zone on August 1 in the presence of Prime Minister Nguyen Tan Dung.
The 280-hectare LaGuna-Hue eco-tourism area is built in Thua Thien Hue’s Loc Vinh commune and Phu Loc district at a total cost of more than US$800 million with the Real Estate Investment Company Banyan Tree Indochina Hospitality Fund as investor.
Once completed, the resort will provide around 2,000 guest rooms at seven hotels, high-quality apartments, spa, bar, restaurant and retail areas, and other recreational facilities.
The first phase of the project is expected to be completed in 2012.
To prepare for the project, Thua Thien Hue has recently invested in developing transport infrastructure facilities and enhancing land clearance work.
In his speech, Mr Dung praised the province’s efforts to boost socio-economic development, saying the increase in its economic growth rate to 9 percent in the first half of this year is an encouraging sign.
The Chan May-Lang Co economic zone is one of the 13 economic zones approved by the Prime Minister.
After three years of operation, the zone have attracted 33 projects with a total registered capital of US$2 billion in which 10 projects have been put into operation.
Mr Dung expressed hopes that the eco-tourism project will be finalized on schedule, contributing to local socio-economic development thereby turning Thua Thien Hue into a centrally-run city.
Regarding the project to build the Saigon-Chan May industrial and customs duty free park, the PM said the Government will build a highway, an express railway and a deep water port near the Chan May-Lang Co economic zone which is located between the two major cities of Hue and Danang.
The Saigon-Chan May industrial and customs duty free zone is built on an area of 657 hectares in Loc Tien and Loc Vinh communes with a total investment capital of VND1,279 billion.
After completion, the zone will provide complete infrastructure facilities such as factories, workshops, control centres and warehouses.
On the occasion, the Saigon investment group, a project investor, granted VND1 billion to help local people build houses for the poor in Thua Thien Hue’s Phu Loc districts.
VietNamNet/VOV
The 280-hectare LaGuna-Hue eco-tourism area is built in Thua Thien Hue’s Loc Vinh commune and Phu Loc district at a total cost of more than US$800 million with the Real Estate Investment Company Banyan Tree Indochina Hospitality Fund as investor.Once completed, the resort will provide around 2,000 guest rooms at seven hotels, high-quality apartments, spa, bar, restaurant and retail areas, and other recreational facilities.
The first phase of the project is expected to be completed in 2012.
To prepare for the project, Thua Thien Hue has recently invested in developing transport infrastructure facilities and enhancing land clearance work.
In his speech, Mr Dung praised the province’s efforts to boost socio-economic development, saying the increase in its economic growth rate to 9 percent in the first half of this year is an encouraging sign.
The Chan May-Lang Co economic zone is one of the 13 economic zones approved by the Prime Minister.
After three years of operation, the zone have attracted 33 projects with a total registered capital of US$2 billion in which 10 projects have been put into operation.
Mr Dung expressed hopes that the eco-tourism project will be finalized on schedule, contributing to local socio-economic development thereby turning Thua Thien Hue into a centrally-run city.
Regarding the project to build the Saigon-Chan May industrial and customs duty free park, the PM said the Government will build a highway, an express railway and a deep water port near the Chan May-Lang Co economic zone which is located between the two major cities of Hue and Danang.
The Saigon-Chan May industrial and customs duty free zone is built on an area of 657 hectares in Loc Tien and Loc Vinh communes with a total investment capital of VND1,279 billion.
After completion, the zone will provide complete infrastructure facilities such as factories, workshops, control centres and warehouses.
On the occasion, the Saigon investment group, a project investor, granted VND1 billion to help local people build houses for the poor in Thua Thien Hue’s Phu Loc districts.
VietNamNet/VOV