Photo: The Guide/Illustration purpose only
Provincial leaders confirm that Green Paradise luxury resort project is proceeding on schedule.
Leaders in south-central Binh Dinh province have confirmed that the Thanh Chau Import and Export Co.’s $62 million Green Paradise luxury resort project is progressing well.
Mr. Nguyen Ngoc Toan, Deputy Director of the Binh Dinh Economic Zone Administration (BEZA) at the Binh Dinh Department of Planning and Investment (DPI), told VET that the luxury resort is within the Nhon Hoi Economic Zone and covers an area of 124 ha.
According to the detailed plan approved by the Binh Dinh Provincial People’s Committee, construction that began at the end of 2014 will be completed in July 2020.
“The project is in the process of land acquisition, basic design, and compiling an environmental impact assessment,” Mr. Toan added. “Ancillary items such as roads have already been built.”
Binh Dinh has an area of 6,039 sq km and a population of 1.51 million people. Registered foreign-direct investment (FDI) stood at $1.7 billion in 59 projects as at the end 2015, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment (MPI).
The Nhon Hoi Economic Zone is located on Phuong Mai peninsula, with an area of about 12,000 ha. It has a favorable investment environment and advantages in natural conditions and geographic location.
The Green Paradise luxury resort project is one of the largest tourism projects in the Nhon Hoi Economic Zone. Other investments include the Nhon Hoi new urban area with capital of $700 million, the Thi Nai Lagoon eco-tourism area with capital of $400 million, and the Nhon Hoi integrated port with capital of $300 million.