Novaland to implement multiple projects in 2019

Novaland Group recently held a meeting with over 150 business partners in the fields of financial banking, construction, material, and design and manpower consultancy to strengthen business relations. On the occasion, the property developer announced numerous projects to be carried out this year and signed strategic partnerships with many leading brands in Vietnam.

Hoa Binh Group has become the main contractor of NovaBeach Cam Ranh Resort and Villas project in Khanh Hoa Province’s Cam Ranh City, while Ricons will serve as the contractor of NovaHills Mui Ne Resort and Villasproject in Phan Thiet, Binh Thuan Province.

Mesa Group and MyLife Company remain as the strategic partners to develop food and beverage systems at a resort complex that Novaland is working on.

Earlier, Novaland established a strategic partnership with Minor Hotel Group in managing seven hotel and resort complexes, with more than 3,500 rooms, alongside developing four Greg Norman-branded golf courses in cooperation with Greg Norman Golf Course Design company.

The cooperation deals are part of Novaland’s development plan in the second phase, which is gradually expanding business by providing tourism services and vacation properties in cities with potential for tourism, such as Phu Quoc, Can Tho, HCMC, Ba Ria-Vung Tau, Phan Thiet, Cam Ranh.

Novaland looks to cooperate with professional consultants and operators to introduce the best destinations to tourists at home and abroad, thus turning these places into regional tourism-resort-entertainment hubs and elevating Vietnam’s position on the global tourism map.

Addressing the ceremony, Bui Xuan Huy, general director of Novaland, expressed his gratitude to strategic partners that have been accompanying Novaland. He stressed: “If we want to travel far, go together. Novaland believes that the partnerships will remain stable and bring benefits in coming years. Each partner not only carries out their own missions, but also contributes greatly to society.”

During this year, Novaland plans to center on offering tourism services, called NovaTourism, under the brands of NovaHills, NovaBeach, NovaWorld, and introducing some 2,300 more resort properties.

The tourism ecosystem NovaTourism will consist of eight parts, as follows: Residences (building hotel-resort complexes operated by internationally well-known brands) and launching resort properties (villas, condotels, second-homes) which are expected to have high liquidity and long-term benefits for customers; Operating passenger transportation activities by itself or by collaborating with partners; Offering back-office by itself or collaborating with local suppliers; Franchising or cooperatively developing a wide range of culinary services; Operating modern shopping centers, along with many traditional items to serve tourists; Investing in and operating diversified entertainment services, such as water parks, theme parks, aquariums, safaris, and golf courses to attract and extend the duration of stay of tourists; Offering travel services; and Promoting local tourism.

Apart from that, Novaland will continue investing in housing projects in HCMC this year, with an aim to introduce approximately 4,400 apartments, townhouses, villas and look to hand over some 5,900 units to customers.

With over 25 years of establishment and development, Novaland has become one of the leading property developers in the country, with more than 40 residential projects in HCMC, and over 26,000 various property products to serve over 250,000 customers.

Wrapping up the 2018, Novaland managed to finish and hand over 6,000 quality products to customers as planned.




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