Nghe An: FLC to invest in US$220m resort complex
Nghe An: FLC to invest in US$220m resort complex
Property developer FLC Group plans to invest in a VND5 trillion (US$220 million) resort and entertainment complex in central Nghe An Province’s Nghi Loc District.
The provincial People’s Committee and FLC held a meeting on Monday to discuss the construction of the project.
On February 19, the two sides signed a memorandum of understanding on the investment for the project.
Covering an area of 570ha, the complex is expected to have a five-star hotel with 1,000 rooms, a seaside resort, villas and golf courses, as well as a 1,500 seat international convention and entertainment area. The complex is situated in a favourable location in terms of other neighbouring localities, with beautiful beaches and convenient transport.
The complex will promote the district’s tourism in particular and the province in general.
Trinh Van Quyet, FLC’s chairman, asked the province to quickly implement land clearance for the group, plan surrounding infrastructure and create favourable conditions for the project.
FLC is committed to starting the complex’s construction as soon as the province completes land clearance, Quyet said.
The province’s leaders have pledged to support and facilitate the investor to complete necessary procedures. According, they will review the entire proposed area for the project.
FLC Nghe An will be the group’s seventh investment in a complex, following FLC Sam Son, FLC Quy Nhon, FLC Vinh Phuc and FLC Ha Long, as we well FLC Do Son and FLC Quang Binh.