(Dan Tri) – In addition to the operating golf course, the company has applied to invest in an additional 18-hole golf course, with an area of 65.5 hectares in phase 4 of the resort and casino complex project with a total investment of about 4 billion USD.
Nam Hoi An Development Company - the investor of the largest casino resort in Vietnam - has just sent a document to the Provincial Party Committee and People's Committee of Quang Nam province asking for permission to invest in an additional golf course in the Nam Hoi An Resort project, in Binh Duong commune, Thang Binh district (Quang Nam).
The Nam Hoi An Resort (Hoiana) project has a total area of over 985 hectares, with a total expected investment capital of about 4 billion USD, invested by Nam Hoi An Development Company Limited.
The 18-hole golf course has been completed and put into operation at Nam Hoi An resort (Photo: Bao Chau).
The project is divided into 7 implementation phases with the goal of building and operating a complex resort, high-class entertainment, 5-star standard, including the construction and operation of a 36-hole golf course.
In 2020, this project completed and put into operation an 18-hole golf course along with a hotel, commercial area, tourist apartments, golf club...
Currently, Da Nang has 2 golf courses, Quang Nam has 3 golf courses, forming golf tourism destinations, attracting domestic and foreign visitors to the Quang Nam - Da Nang area.
Da Nang City is gradually bringing golf tourism to international level, contributing to promoting the diversification of tourism products.
As part of the regional linkage chain, developing golf tourism will help Quang Nam attract a large number of domestic and foreign tourists, especially those with high spending levels, increasing the current length of stay of tourists from 2-3 days to 5-7 days.
In addition, golf also helps Quang Nam develop off-season tourism, especially in the last months of the year, when it is no longer the peak season for domestic tourism.
According to the plan for developing functional areas in the planning of Quang Nam province for the period 2021-2030, with a vision to 2050, a space for developing coastal tourism in Duy Xuyen - Thang Binh connecting Hoi An tourism will be formed, on the basis of promoting the natural values of rivers and seas.
With the plan to develop a network of cultural and sports facilities, Quang Nam will develop about 10 golf courses that meet domestic high-class sports and tourism standards in Tam Ky, Dien Ban, Nui Thanh, Thang Binh, Duy Xuyen, etc.
With these development prospects, the investor of the largest casino resort in Vietnam proposed to invest in an additional 18-hole golf course, covering an area of about 65.5 hectares within the project boundary.
According to the investor, the proposed area for the golf course is barren land, without an irrigation system, making it difficult to cultivate agriculture, and with a sparse population. The investor asserted that this is a favorable area for building a golf course.
Mr. Luong Nguyen Minh Triet, Secretary of Quang Nam Provincial Party Committee, has issued a document directing the Provincial People's Committee to study and consider the business's recommendations according to regulations and report to the Standing Committee of the Provincial Party Committee.
Quang Nam Provincial People's Committee has just issued a document assigning departments, Thang Binh District People's Committee and related agencies and units to study and consider the business's recommendations.
Hoiana Resort is invested and developed by Nam Hoi An Development Company Limited, a joint venture between VinaCapital investment fund and Malaysia's Genting Group.
However, Genting withdrew due to failure to reach an agreement on allowing Vietnamese people to play in casinos. Genting was replaced by Suncity Group (later LET Group).
In late July 2023, The Straits Times reported that the Hong Kong billionaire Cheng family had taken control of the Hoiana Resort & Golf casino resort in Quang Nam province. Control was transferred after Macau casino king Alvin Chau, the owner of the former company, was jailed earlier this year.
The Cheng family, the third richest family in Hong Kong, owns the Chow Tai Fook jewelry chain and the New World Development Group.
The Hoiana resort features a 140-table casino and more than 350 slot machines, a golf course and luxury hotels under the Cheng family’s New World and Rosewood brands. Many other infrastructures are under construction with a total investment of about 4 billion USD (nearly 95,000 billion VND).
Source: https://dantri.com.vn/bat-dong-san/resort-casino-lon-nhat-viet-nam-xin-dau-tu-them-san-golf-thu-2-20240710140810540.htm
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