FLC to build a golf course complex

Monday, Aug 17, 2015 18:13

Dang Tat Thang, deputy general director of FLC Group, introduces the idea for the golf course complex. — Photo FLC

QUANG BINH (Biz Hub) – Property developer FLC Group has committed to invest in a complex comprising 10 golf courses in the central Quang Binh Province during an investment promotion conference held in the province last week.

Speaking at the event, Dang Tat Thang, FLC's deputy general director, said it was an important project for the group as would help them make a breakthrough in their investments in golf courses.

Thang affirmed that if the government approved, ground breaking would happen for the first project by the fourth quarter of this year.

Ten golf courses and a 500-room hotel would be built within one year, and other components were expected to be completed in three years, he said.

The FLC Group previously proposed to build a complex that was considered a new model in the world. In Asia, such a model complex has been built only in China.

It said tourists could stay for several weeks to play golf under this model. Also, golf awards can be organised in the region or at the global level here.

He added that each golf course would have five to six resorts and tourism infrastructure, thus creating hundreds of labour jobs.

"We commit to employ 90 per cent of the local people for the project," he added.

The provincial People's Committee has strongly supported the project and studied the plans for the complex.

"We expect to attract a number of high-class international tourists to Quang Binh and expect the project will provide employment for thousands of local workers," said Truong An Ninh, the spokesman on the People's Committee.

The courses are expected to be built along the coast from Dong Hoi City to Quang Ninh and Le Thuy districts in the province, with a total area of 1,000 ha of sand dunes.

Each golf course would have 18 holes worth at least VND3 trillion (US$137.6 million) of investment.

FLC Group has been one of the leading real estate developers in Viet Nam with total investment of $2 billion.

It has developed housing and office projects, industrial zones, golf course and tourism infrastructure. – VNS

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