The project, which covers 200 hectares, will be built in Thanh Tam Commune, Chon Thanh district, at a total cost of more than VND1 trillion, said the company’s representative Michael Lee Afron.

In addition, the company will build a shopping mall, a sports and physical training centre, an entertainment centre and a three-star hotel. It will also open a club for horse racing and training, said Mr. Afron.

Binh Phuoc provincial People’s Committee chairman Truong Tan Thieu said the operation of the racetrack will create a playground for people in Binh Phuoc and in neighbouring provinces and provide a good opportunity for business operation in the interest of both sides.