Quang Ninh province’s authorities have permitted the FLC Group to study to invest in the high-end entertainment and services complex in Van Don Special Economic Zone.
Quang Ninh (VNA) - Quang Ninh province’s authorities have permittedthe FLC Group to study to invest in the high-end entertainment and servicescomplex in Van Don Special Economic Zone.
According to the investment plan of FLC Faros Van Don Investmentand Development Co. Ltd (FLC Group’s affiliates), the project includes a largenumber of properties such as a resort, five-star hotel, internationalconference centre, casino, golf course, safari, museum, agricultural towncommunity and library.
The total project investment (including two sites in Ngoc Vung andVan Canh Island) is estimated at 2 billion USD on a total area of 4,000ha(2,500ha in Van Canh Island and 1,500ha in Ngoc Vung Island).
This will be the first casino for Vietnamese people, expected toserve a large number of travellers to Ha Long.
FLC is currently one of the biggest investors in Quang Ninh, withthe FLC Ha Long - among the top largest resorts in South East Asia - located onan 18-hole golf course on the hill with an investment of 3.4 trillion VND (149million USD); and the BT twin towers at the headquarters of the Ha Long’sPeople’s Council, Municipal Party Committee and Party Committee with a 123-millionUSD investment.-VNA
With great strengths in many fields, the northern coastal province of Quang Ninh has become an attractive investment desitnation for domestic and international real estate firms.
The northern province of Quang Ninh has proved its attractiveness to both domestic and foreign investors, which can be seen in the flow of investment in recent years.
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