FLC to invest VND30 trillion in Binh Dinh

Monday, May 15, 2017 16:59

A view of FLC Quy Nhon Beach & Golf Resort in the southern Binh Dinh Province. — Photo flc.vn

FLC Group has invested around VND7 trillion in central southern Binh Dinh Province, and its investment could touch VND30 trillion (US$1.33 billion) in the future, FLC’s vice-chairwoman Huong Tran Kieu Dung said.

The group and the province’s leaders have had discussions and agreed on investing in the 800-hectare Nhon Hoi Urban Area. It will fulfil the criteria of a developed urban area and transform Quy Nhon University into an international university.

The group will co-operate with the Government to upgrade and expand the road from Phu Cat Airport to Nhon Hoi Economic Zone so as to shorten the distance from the current one hour to 15 minutes.

In addition, FLC will work together with concerned agencies to operate direct flights connecting Quy Nhon City and Thanh Hoa Province in July, and later Quy Nhon City to South Korea and China. The routes will help meet tourism demands and encourage investment in the southern province.

In the first phase, the group has invested VND3.5 trillion in the 200-hectare FLC Quy Nhon resort complex, two 36-hole golf courses, and a 500-hectare safari.

It has poured VND1.8 trillion into FLC Sea Tower, a commercial centre and five-star hotel complex. The complex is expected to become operational by the end of 2017. The second phase of investment included the Eo Gio Nhon Ly Tourism Area. The group’s total investment for the two phase was around VND7 trillion.

The development of FLC resort complexes has not only brought more tourists to the province, it has also created 1,500 to 2,000 jobs, which reaches 3,000 during peak season. — VNS

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