The Dai Nam Joint Stock Company opened an international standard racecourse with investment of more than VND2 trillion (US$87.9 million) in the southern province of Binh Duong on Tuesday.

Construction of the course, spanning over 60ha within the Dai Nam tourism park complex, began last July. The course is built to accommodate five racing disciplines - tracks for dog and horse racing, mountain biking, auto racing and motorboat racing. In addition, the course also hosts some water motorsports such as jet ski and flyboard.Speaking at the event, vice chairman of the provincial People’s Committee Dang Minh Hung noted that the province has paid due attention to building facilities to serve entertainment demands of the locals.

Huynh Uy Dung, the company’s general director-cum-chairman of the management board, said the racecourse focused on horse racing and entertainment for people.

The racecourse will organise horse racing competitions at the regional and international levels in the future.

A part of profits from the racecourse’s operation will be given to charity, especially the free heart surgery programme for poor children. Dai Nam racecourse, which can house 20,000 spectators, is expected to attract numerous visitors from in and outside the locality, contributing to developing a key economic region in the south he added.The track will be a place to host regional and international sport competitions and will also help in discovering and developing talented racers. — VNS