The construction of a four-star hotel on the Ly Son Island district in the central province of Quang Ngai has given a green light.

According to the provincial People’s Committee Office, the Muong Thanh Group has been licenced to build a four-star hotel on the 10-square kilometre island, which is approximately 30 kilometres off the coast.

The hotel, which is estimated to cost 250 billion VND (11.5 million USD), will have from five to seven storeys and a range of 80 to 120 rooms.

Muong Thanh, the owner of dozens of hotels all over Vietnam, also has a plan to build a commercial complex in Quang Ngai city, at 450 billion VND (20.64 million USD).

In its approved socio-economic development plan until 2020 with a vision to 2025, the Ly Son island district will focus on improving infrastructure and boosting tourism to spur local economic growth and ensure the island district’s security and defence.

The plan is to cost over 2.83 trillion VND (133.01 million USD), expected to come mostly from society.

It looks to diversify Ly Son’s tourism products that could help reel in more visitors to the island, which is now connected with the national power grid.

The island district hopes to welcome 40,300 visitors in 2015, earning over 41 billion VND (1.92 million USD). Tourism revenue of the locality is predicted to rise to nearly 99 billion VND (4.65 million USD) in 2020 and 178 billion VND (8.36 million USD) in 2025.

The plan is expected to generate jobs for 900 people in 2015, over 1,500 in 2020 and 2,400 in 2025.-VNA