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FLC Group begins work on Binh Dinh tourism project

The domestic FCL Group held a ground-breaking ceremony on May 23 to launch the construction of the Nhon Ly golf, resort, villa development and high-end entertainment complex in southern Binh Dinh province’s Quy Nhon city.
The domestic FCL Group held a ground-breaking ceremony on May 23 tolaunch the construction of the Nhon Ly golf, resort, villa developmentand high-end entertainment complex in southern Binh Dinh province’s QuyNhon city.

Covering an area of 300 hectares, the 162.8 millionUSD project includes an 18-hole golf course, a five-star, 600-roomhotel, an international convention centre, a restaurant chain andswimming pools, all built to international standards according to FCLGroup Chairman Trinh Van Quyet.

The project will be built at atotal cost of 3.5 trillion VND (162.8 million USD) and 70 percent of thecapital is loan from the Bank for Investment and Development of Vietnam(BIDV).

This is the second tourism project granted an investmentcertificate in Nhon Hoi Economic Zone, said Ho Quoc Dung, Chairman ofthe provincial People’s Committee.

He added that the projectwill be a driving force to draw more investment in the province, aidinglocal socio-economic development.

The complex is scheduled to become operational by the end of Q2 in 2018.-VNA
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