Investors rush to develop projects in An Giang’s Chau Doc City
Investors rush to develop projects in An Giang’s Chau Doc City
Multiple enterprises have expressed interest in executing projects in Chau Doc, which is considered a spiritual tourism city in the Mekong Delta province of An Giang, especially since Nui Sam was recognized as a national tourist site, said Chau Doc vice chairman Tran Quoc Tuan.
Tuan added that representatives of several large enterprises had visited the city last year to seek investment opportunities and had received approval from the provincial government for their projects.
Chau Doc authorities will focus on calling for investment in Nui Sam National Tourist Site. In addition, the city has a cable car project underway, Tuan said.
The project, which received VND486 billion (some US$21 million) in funding from MGA Vietnam Co., Ltd, is expected to be put into operation on the first day of the lunar new year.
Further, Sao Mai Group has invested in a 30-hectare ecological tourism project, while Hay Den Company has been allowed to develop some items along the road leading to Nui Sam National Tourist Site.
Thanh Do Company has received the An Giang government’s approval to lease land in Chau Doc City for 49 years to develop a five-star hotel.
This a major project in the city, Tuan said, adding that the city will seek investments for 29 projects this year, mainly in the general industry, handicrafts, services, trade and traffic sectors.
Tuan noted that as soon as the Ministry of Culture, Sport and Tourism had announced the plan for Nui Sam National Tourist site until 2025 with a vision to 2030, the city had divided the site into functional areas for investment promotion.