The project is estimated to span 460 hectares in Nghi Loc district’s Nghi Tien commune, with total cost amounting to VND10 trillion (US$440 million) (excluding land compensation cost).
The luxury resort will have an 18-hole golf course, condotel areas accommodating up to 2,500 rooms, a 1,000-seat convention centre, and a shopping centre, among other facilities.
Trinh Van Quyet, chairman of the group’s board of directors, said once project operates, it will generate about 3,000 jobs for local people.
In August, the FLC Group sought to develop a smart urban complex in the centre of northern Thai Binh city, Thai Binh province.
Quyet said the complex would cover an area of 300-500ha, with an artificial beach, golf course, entertainment park and shopping mall, as well as apartments, townhouses and villas.