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Two groups invest nearly 7.7 trillion VND in Yen Bai’s tourism

The northern province of Yen Bai has attracted tourism investment from two major groups worth nearly 7.7 trillion VND (333.24 million USD) since the start of 2019, said the provincial Department of Planning and Investment. b
Two groups invest nearly 7.7 trillion VND in Yen Bai’s tourism ảnh 1Thac Ba Lake in Yen Bai province (Photo: VNA)
Yen Bai (VNA) – The northern mountainous province of Yen Bai has attracted tourism investment from two major groups worthnearly 7.7 trillion VND (333.24 million USD) since the start of 2019, said theprovincial Department of Planning and Investment.

One project will be carried out by anaffiliate of the AlphaNam Group at a cost of 4.98 trillion VND (215.52 million USD).A resort, trade complex and hotel will be built across more than 2,590 ha inThac Ba Lake area in Yen Binh district.

The project is expected to complete in thenext 12 years.

Prime Minister Nguyen Xuan Phuc hasapproved a master plan on the development of Thac Ba Lake national tourism siteuntil 2025.

The site, located in Yen Binh district andThac Ba town, will cover a total area of around 28,800 ha. About 1,200 ha(excluding the area of the water) will be used to develop the tourism zone.

The plan aims to turn the Thac Ba Lake siteinto a national tourism hub by 2025.

Meanwhile, an affiliate of the TH Groupwill pour 2.7 trillion VND into the Van Hoi eco-tourism site and resort.

Spanning in more than 764 ha in theprovince’s Tran Yen district, the project will be put into operation in 2025.

As of July 24, Yen Bai has allowed 28 firmsto launch new investment projects in the province, with registered capitalexceeding 12.3 trillion VND, according to the provincial Department of Planningand Investment.

Local authorities had also created optimalconditions for real estate developer Sun Group to conduct surveys for amulti-function complex along the Yen Bai section of the Noi Bai – Lao Caihighway.-VNA
VNA
#Yen Bai province #tourism investment #AlphaNam Group #TH Group #Thac Ba Lake national tourism site #vietnamplus #Vietnam News Agency Yen Bai
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