Ninh Thuan taps potential for tourism and wind power

Sep 9th at 09:00
09-09-2015 09:00:00+07:00

Ninh Thuan taps potential for tourism and wind power

The central province of Ninh Thuan has become a magnet for tourism and wind power investors, thanks to its favourable geological location and vast potential.

Dr Tran Du Lich, head of a consulting group for the central coastal region, said that with its long coastline, far-reaching sand dunes, mountainous seascape, and lively bat population, Ninh Thuan has been an ideal location for the development of eco-tourism projects.

Home to many stunning landscapes, such as Ninh Chu beach, one of the nine most beautiful beaches in Vietnam, the Ngoan Muc pass, Vinh Hy Bay, Nam Cuong red sand dunes, and the Cham tower complex, as well as a number of historical and cultural relics, Ninh Thuan has a considerable edge in promoting its investment opportunities.

“The Vinh Hy bay, one of the country’s four most beautiful bays with unspoiled natural scenery, is located in the “tourism triangle” of Vietnam, alongside the cities of Nha Trang and Dalat. With natural landscapes of desert cactii, blue sea, and legendary Cham architecture, the bay is a very attractive destination for tourists who enjoy adventure. As such, the province should make use of its advantages to develop international tourism complexes,” Lich suggested.

Le Thi Thanh Thuy, director of the Ninh Thuan Economic Development Office, said that “The province has licensed several tourism property projects. Many are under construction, and we expect to attract more in the coming months.”

According to Thuy, most recently, Syrena Vietnam, under BIM Group, surveyed the opportunities of investing in a 5-star Vinh Huy resort project in Vinh Hai commune in Ninh Hau district. Costing an estimated $60-80 million, the Vinh Huy resort project will cover around 66.8 hectares. It will be home to 60 pool villas, 40 guest pavilions, restaurants, and other entertainment facilities. The investor plans to put the project into operation in the next 36 months.

Thuy added that the greatest potential in Ninh Thuan was the development of wind energy projects. As a wind energy hub in Vietnam, the province has licensed many investors to develop wind-to-power plants here. For example, in mid-2014, Power Generation Corporation 2, under the country’s state-run Electricity of Vietnam (EVN), kicked off the Cong Hai 1 wind-to-power project in Suoi Gieng hamlet in Cong Hai commune. The project, costing over VND1.5 trillion ($69.76 million), is being constructed over two phases.

To date, Ninh Thuan has had plans for 12 wind-to-power projects, many of which have already been licensed. They include the Phuoc Nam renewable energy project, Enfinity, Mui Dinh and Cong Hai wind-to-power projects.

The prime minister has approved a master plan on wind energy development for the 2014-2018 period, with the total investment of EUR3.7 million ($4.2 million), using official development assistance (ODA) from the German government. This would create more opportunities for Ninh Thuan to tap into its vast potential.

vir



NEWS SAME CATEGORY

FDI inflow to Vietnam rises over 30 percent y-o-y in Jan-Aug: statistics

Newly registered and additional foreign direct investment (FDI) channeled into Vietnam in the first eight months of this year saw a 30.4 percent year-on-year rise...

Vietnamese Mid-Autumn Festival lantern makers hurt by Chinese copycats

While the Mid-Autumn Festival market in Vietnam is often filled with cheap, low-quality Chinese lanterns, local producers this year face yet another headache from...

Vietnam asks airlines to slash ticket prices as fuel costs plummet

Passengers could anticipate simultaneous airfare cuts by carriers in Vietnam in the near future as the country’s aviation watchdog has insisted that ticket prices...

Consortium gets yellow card for expressway delay

The investor and the oversight body have just received a ‘yellow card’ from the transport authority for poor performance on the Trung Luong-My Thuan expressway...

$300 million Hong Kong facility licensed in Long An province

The Long An Economic Zones Management Authority has granted the investment certificate to Hong Kong Huafu International Co., Ltd to construct a $300 million fiber...

Support needed to place SMEs on the globe

As Vietnam integrates into the world market, domestic small and medium-d firms have voiced their appeal for greater support.

SME reforms vital to progress

Local small- and medium-sized enterprises (SMEs) need to reform themselves and also need support from the State to survive and develop as further economic...

Exports face tough path ahead

A lot needs to be done between now and the end of the year to meet the export growth target of 10 per cent, the Ministry of Industry and Trade (MoIT) has said.

Falcon to boost VN trade in Middle East

The London-based Falcon Group and the Vietnamese Embassy in the United Arab Emirates (UAE) will promote trade between Viet Nam and the Middle East by providing the...

VN eyes lower transport prices

The Ministry of Transport is investigating transport companies who have failed to lower prices amid a drop in petrol costs.


MOST READ


Back To Top