Vingroup starts construction of $126m resort complex in Quang Ninh

Financed by conglomerate Vingroup, the part costs over VND2.93 billion (US$126 million). It covers a total area of 32.2ha in Cam Pha City, comprising commercial houses, schools and areas providing public services. 

Delegates attend to the ground breaking ceremony. — Photo courtesy of Vingroup

Work on the first phase of a large-scale urban area and tourism complex began in the northern province of Quang Ninh on Thursday.

Financed by conglomerate Vingroup, the development will cost more than VND2.93 billion (US$126 million) and covers an area of 32.2ha in Cam Pha City.

The new complex will have shops, apartments, villas, restaurants, hotels, schools and leisure facilities.

Deputy chairman and Chief Executive Officer of Vingroup Nguyen Viet Quang said the complex will help attract more domestic and foreign tourists contributing to the development and modernisation of Cam Pha City and Quang Ninh Province.

The whole Quang Hanh complex which spans over 162ha is slated for completion in 2023. — VNS

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