Consortium proposes six hospitality projects in Quang Tri
Consortium proposes six hospitality projects in Quang Tri
A consortium of companies is looking at the possibility of six hospitality projects in the central province of Quang Tri, with a projected budget running into trillions of VND.
On June 19, Vo Van Hung, Chairman of Quang Tri People's Committee, held a meeting with the consortium, which includes Vietnam's Newtechco Group JSC, Singapore's Makara Capital Partners Pte. Ltd., and Singapore's Sakae Corporate Advisory Pte. Ltd.
A 5-star hotel and housing project will cover 3.49 hectares in Co Dau Park, Dong Ha city, Quang Tri province, with a total investment of over VND1.63 trillion ($64 million). The project will boast a 16-storey hotel complex with 250 rooms to accommodate 500–700 guests per day and a 4-5-storey commercial housing area.
The Trung Chi Lake mixed-use housing project will be located in Ward 5, Dong Ha city. The project will feature 198 houses with a total construction capital of over VND1.46 trillion ($57.4 million).
Meanwhile, the Tan Do Lake resort and tourism service project in Khe Sanh town, Huong Hoa district, will have a total investment of over VND98.7 billion ($3.8 million) and an expected area of 8.16 hectares.
Another project is the Gio Linh resort, entertainment, and coastal urban area (phase 1), which will span about 204ha. Meanwhile, a township, tourism, and golf course complex will be built on a 145-ha site in Trung Giang commune, Gio Linh district. The final project is the Khe Sanh coffee processing factory in Huong Hoa District.
However, the provincial authorities noted that the projects in Dong Ha are not in line with the city's land use plans. For the projects in Gio Linh and Trung Giang, they overlap with mineral exploration and exploitation planning approved by competent authorities.
At the meeting, chairman Hung said, "We hope the consortium will actively partner with local departments and agencies to remove obstacles and soon submit a proposal for each project to obtain investment licences. Hopefully, investors will channel resources to soon realise these projects, thereby contributing to provincial socioeconomic development towards a sustainable future."