A ceremony to kick-start the construction of an ecotourism project worth more than VND3.66 trillion (US$159.61 million) took place in Nghi Son township of the north central coastal province of Thanh Hoa on June 23.
The project, covering 84.8 ha, is invested by the T&T Group.
The site will have beachfront villas, a five-star hotel, a shopping area, a golf course, pedestrian zones and recreation facilities, among others.
It is hoped to become a driving force for socio-economic development of the locality and surrounding regions, especially in creating a chain of tourism sites along Thanh Hoa’s coastline.
The first phase of the project is set to complete in October next year and the entire project will be operational in May 2024.
At the ceremony Vice Chairman of the provincial People’s Committee Nguyen Van Thi spoke highly of efforts and cooperation between the investor and relevant agencies in land clearance and meeting requirements to carry out the project against the backdrop of COVID-19.
He asked the local authorities to continue helping the investor address bottlenecks in terms of land and legal procedures, as well as support local people affected by the implementation of the project.
The T&T Group was requested to ensure progress and quality of the project in compliance with regulations.