FLC Group to augment investment in Binh Dinh province
Property developer FLC Group plans to raise its total investment in the central province of Binh Dinh to about 30 trillion VND (1.32 billion USD) in the near future.
A view of the sea in Quy Nhon City. (Photo: vnexpress)Binh Dinh (VNA) – Property developer FLC Group plans to raise its total investment in the central province of Binh Dinh to about 30 trillion VND (1.32 billion USD) in the near future.
Huong Tran Kieu Dung, Vice Chairwoman of FLC’s board of directors, said provincial authorities permitted the group to build a residential area named Nhon Hoi which will cover 800ha of land and feature all conditions of a modern and civilised urban area.
To help attract tourists to Binh Dinh, FLC is going to work with authorised agencies to upgrade and expand the road from Phu Cat Airport to Nhon Hoi Economic Zone, shortening the time to travel from the economic zone to the FLC Quy Nhon resort complex to 15 minutes.
It will also work with relevant sides to open a direct air route from Quy Nhon city to north central Thanh Hoa province in July, and two other routes between Quy Nhon and the Republic of Korea and China, she added.
FLC’s projects in Binh Dinh include the FLC Quy Nhon resort complex, worth 3.5 trillion VND (154.2 million USD) and covering 200ha of land, two golf courses, and a 180-ha zoo.
FLC Sea Tower, a five-star shopping and hotel centre that cover 1.7ha of land in Quy Nhon city, is expected to be put into use in late 2017. The group has also invested in a tourism site in Eo Gio beach of Nhon Ly commune, Quy Nhon city.-VNA
You should also see
Vietnamese Deputy PM, Venezuelan President hold talks
Vietnamese Deputy Prime Minister Tran Luu Quang held talks with President of Venezuela Nicolás Maduro Moros in Caracas on April 18, as part of his ongoing official visit to the Latin American country.
See more
Business
Vietnam treasures multifaceted cooperation with Côte d'Ivoire: Deputy FM
Vietnam always attaches importance to and wishes to bolster multifaceted cooperation with Côte d'Ivoire – its traditional friendship partner in Africa, Deputy Minister of Foreign Affairs Nguyen Minh Hang has said.
Videos
Foreign investment driven towards new breakthrough phase
Vietnam has so far drawn nearly 500 billion USD in registered FDI capital after nearly four decades of opening up its economy, with investment quality improvement considered a key task for a new breakthrough phase ahead.
Business
Quang Ninh attracts additional 115 million USD from Japan investors
The Quang Ninh Economic Zone Authority (QEZA) presented investment certificates to two Japanese projects worth 115 million USD in total at a conference held at Song Khoai Industrial Park (IP) on April 19.
Business
Central bank plans to auction gold bars on April 22
The State Bank of Vietnam (SBV) will auction SJC-branded gold bars on April 22, a representative of the central bank said on April 19.
Business
Hanoi to host Vietnam Medipharm Expo 2024
The 31st Vietnam International Medical and Pharmaceutical Exhibition (Vietnam Medipharm Expo 2024) is scheduled to take place in Hanoi from May 9 to 12, an official of the Ministry of Health (MoH) told a press conference on April 19.
