Vietnamese investors Thang Long Investment Group and B.J Korea Quang Tri have proposed to develop two tourism projects worth a total VND7,750 billion ($312 million) in the central province of Quang Tri.
Hanoi-headquartered Thang Long Investment Group JSC (TIG) has proposed a tourism complex on Cua Tung beach in Vinh Linh district. The 200-hectare project, with an investment of VND7,600 billion ($306 million), features a tourism and commercial zone, houses, villas, bungalows, among others.
Meanwhile, B.J Korea Quang Tri Limited Company has proposed an eco-tourism complex named Ta Du, with an area of 57 hectares. The VND150 billion ($6.04 million) project aims to build an eco-tourism zone, an entertainment park, among others.
In reply, Quang Tri Chairman Vo Van Hung gave in-principle nods for the investors to study the projects. He added that the investors must cooperate with the province in protecting the ecosystem, preserve local culture, and boost sustainable tourism.
Thang Long Invest Group is a real estate developer with projects like Vuon Vua Resorts & Villas, Imperial Plaza, TIG Dai Mo, and Bock 8.1 Minh Dinh apartments.
B.J Koreas Quang Tri, a Vietnamese company mainly involving industrial and civil electricity facility construction, was established in September this year.
Quang Tri’s tourism revenue is modest at VND2.64 billion ($106,200) in the first nine months of this year, up 74.15% year-on-year, according to the provincial statistics office.