Thua Thien – Hue (VNA) – Construction of a 368 million USD tourist complex has started at ChanMay – Lang Co economic zone in Phu Loc district, the central province of ThuaThien – Hue, with its first phase slated to become operational at the end of2019.
The Minh Vien – Lang Co complex willhouse hotels, a resort, a conference hall and support facilities all atfive-star standards on 102 ha of land.
The entire complex is scheduledto be completed in the first quarter of 2024.
Chairman of the provincialPeople’s Committee Phan Ngoc Tho said the new tourism site is expected to helpattract more visitors to the Lang Co Bay and Thua Thien – Hue province.
The Chan May – Lang Co economiczone has so far attracted 43 investment projects with total capital of nearly40 trillion VND (1.72 billion USD). In 2018 alone, the zone’s management boardgranted investment licences to 18 projects operating in industry, tourism,industrial park infrastructure, non-tariff areas and urban areas with 5trillion VND in total capital.
Several big foreign investorshave come to the zone to seek investment opportunities, including J.W from theRepublic of Korea which is interested in infrastructure and automobile partproduction. The Sunjin group, also from the RoK, in coordination with thePhuong Trang group, is researching investment in bus assembly, gasoline storageand distribution and a resort in Lap An lagoon.-VNA