Prime Minister Nguyen Xuan Phuc and Governmental leaders congratulate investors at the conference. — Photo courtesy of FLC

Property developer FLC Group on Tuesday signed a Memorandum of Understanding with southern Dong Thap Province to invest in four large projects in the locality.

The signing was witnessed by Prime Minister Nguyen Xuan Phuc and other leaders during an investment promotion conference.

The four projects with total capital of VND5.7 trillion (US$251.1 million) will focus on tourism, resort and agriculture. These are the FLC My Phu complex of hotel, convention centre and villas, FLC Sa Dec resort, FLC Tam Nong resort and FLC Cao Lanh complex.

They are expected to be completed in 2020.

FLC has invested in many localities in the country, including Thanh Hoa, Vinh Phuc, Binh Dinh and Quang Ninh, as well as Quang Binh, Nghe An and Ha Tinh.

“With the open and transparent investment environment, we expect the projects will be implemented soon, contributing to the development of modern and synchronous infrastructure in Dong Thap in particular and the Mekong Delta region in general,” a FLC’s representative said.

In recent years, Dong Thap has always been listed at the top of localities with high Provincial Competitiveness Index, the Viet Nam Provincial Governance and Public Administration Performance Index and administrative reform. — VNS