Sun City gets license for property, tourism project in Phan Thiet
Binh Thuan Province has issued an investment license for the Ho Chi Minh City-based Sun City Company’s project to build a villa quarter in the beach resort city of Phan Thiet.
The company plans to invest about VND357 billion (US$19.83 million) to develop the project on 43 hectares of sandy beach in Ham Tien and Mui Ne, which is considered “heaven of resorts”.
Besides the beach villas, the company plans to build hotels and entertainment and sports sections, spas, bars, restaurants, shopping areas and other facilities.
Phan Thiet is 200 kilometers north of Ho Chi Minh City. The central province of Binh Thuan is home to various tourist destinations, and the hospitality industry is a major earner of the province.
Source: SGGP
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