Thua Thien-Hue seeks investors for $85 mln coastal resort project
Thua Thien-Hue province is calling for investors to develop an eco-coastal resort worth VND1,985 billion ($84.5 million), with August 23 the deadline for submission of investment registration documents.
Laguna Lang Co resort complex in Phu Loc district, Thua Thien-Hue province, central Vietnam. Photo courtesy of Tai nguyen va Moi truong newspaper.
The project covers 75.39 hectares of land in Giang Hai town, Phu Loc district. It aims to build a three to five-star resort complex, which can host 5,000 guests and 2,000 visitors per day.
It features a luxury hotel area, luxury resort area, shopping center, food zone, theme park, dedicated zone for local experiences, and other facilities.
The project, with a lifespan of 50 years, must be conducted within 48 months since land is allocated, according to local authorities.
Hue, capital of Thua-Thien Hue in central Vietnam, is home to the Imperial Citadel, a UNESCO heritage site, and close to the tourism city of Danang and the ancient town of Hoi An, another UNESCO heritage site in Quang Nam province.
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