FLC Faros to build complex on island
The People’s Committee of central Binh Dinh Province has approved investment for the FLC Cu Lao Xanh resort and villa complex in the province’s Quy Nhon City.
The People’s Committee of central Binh Dinh Province has approved investment for the FLC Cu Lao Xanh resort and villa complex in the province’s Quy Nhon City.
Located in the west of Cu Lao Xanh Island, the complex, which is invested by FLC Faros Corporation, has an area of 120ha with total investment of VND486 billion (US$21.6 million).
The project will include hotels, villas, resort and bungalows, as well as a sightseeing tower, beach, restaurant, spa and gym.
The island is considered “the pearl of the East Sea,” with natural beauty of the beach, magnificent rocks and rich coral reefs.
FLC Faros has targeted to have a design with minimal impact on the sea environment and that preserves the wild beauty of the island.
The project, together with FLC Quy Nhon, is expected to change Cu Lao Xanh’s infrastructure and economy while contributing to the province’s tourism development. — VNS
