Investment
PM approves master plan for Lang Co – Canh Duong National Tourism Zone
Lang Co – Canh Duong National Tourism Zone is expected to be one of the major destinations in Vietnam for foreign visitors with resorts, amusement park and international port.
Prime Minister Nguyen Xuan Phuc has approved a master plan for the development of Lang Co – Canh Duong National Tourism Zone until 2025,with vision to 2030.
According to the master plan, Lang Co – Canh Duong National Tourism Zone is located in the Chan May – Lang Co Economic Zone in Lang Co townlet and Loc Vinh commune, Phu Loc district, Thua Thien-Hue province with a total of 9,490 ha.
The zone is expected to welcome 1.5 million visitors, 600,000 of them will be foreigners by 2025. By 2030, the site will likely welcome 2.5 million holidaymakers, 950,000 of them are international visitors.
The zone will focus on eight main tourism subregions, including Lap An area in Lang Co town with a total area of 70 ha, Lang Co beach, and South Hai Van Landscape Protection Area.
Earlier, Prime Minister Nguyen Xuan Phuc has agreed in principle to permit Banyan Tree Holdings Limited, investor of Laguna Lang Co Resort project in Thua Thien – Hue province to increase the project investment capital from US$875 million to US$2 billion and open a casino.
According to the investor’s plan, the casino is expected to come into operation by 2021 with 500 electronic gaming machines and 50 card shufflers. The figures are expected to increase to 2,000 machines and 200 card shufflers by 2029. Besides, the investor will add six five-star hotels and more than 2,200 villas and apartments.
The 280-hectare Laguna Lang Co resort project, when fully developed, will comprise seven hotels with a total of 2,000 rooms, a golf course, residences and convention facilities. The first phase of the project, comprising two hotels, the golf course and residences, was completed in 2013, with an investment capital of US$200 million.
Lang Co town, Thua Thien-Hue province, Vietnam. Photo: VGP
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The zone is expected to welcome 1.5 million visitors, 600,000 of them will be foreigners by 2025. By 2030, the site will likely welcome 2.5 million holidaymakers, 950,000 of them are international visitors.
The zone will focus on eight main tourism subregions, including Lap An area in Lang Co town with a total area of 70 ha, Lang Co beach, and South Hai Van Landscape Protection Area.
Earlier, Prime Minister Nguyen Xuan Phuc has agreed in principle to permit Banyan Tree Holdings Limited, investor of Laguna Lang Co Resort project in Thua Thien – Hue province to increase the project investment capital from US$875 million to US$2 billion and open a casino.
According to the investor’s plan, the casino is expected to come into operation by 2021 with 500 electronic gaming machines and 50 card shufflers. The figures are expected to increase to 2,000 machines and 200 card shufflers by 2029. Besides, the investor will add six five-star hotels and more than 2,200 villas and apartments.
The 280-hectare Laguna Lang Co resort project, when fully developed, will comprise seven hotels with a total of 2,000 rooms, a golf course, residences and convention facilities. The first phase of the project, comprising two hotels, the golf course and residences, was completed in 2013, with an investment capital of US$200 million.
