Work starts on 1.7 billion USD tourism complex in Da Nang
The complex, covering a total area of 512 ha, is designed after a multi-functional model, prioritising the preservation of natural landscapes, honouring local beauty, and creating an ideal living area.
Permanent Deputy Prime Minister Nguyen Hoa Binh, Vice Chairman of the National Assembly Nguyen Duc Hai and delegates at the groundbreaking ceremony of the Lang Van tourism and resort complex in Da Nang city. (Photo: VNA)
Da Nang (VNA) – Vinpearl Joint Stock Company, a member of Vietnam's largest private conglomerate Vingroup, has broken groun𝔉d on the Lang Van tourism and resort complex, invested with nearly 44 trillion VN🔜D (1.7 billion USD), in the central city of Da Nang.
The complex, covering a total area of 512 ha, is designed after a multi-functional model, prioritising the preservation of natural landscapes, honouring local beauty, and creating an ideal living area.
Speaking at the groundbreaking ceremony on June 22, Nguyen Viet Quang, Vice Chairman and CEO of Vingroup, stated that with its diverse potential, Da Nang is establishing itself as one of the leading economic, industrial, and tourism hubs in Vietnam. It’s considered the most livable city in the country, boasting an outstanding quality of life, a clean living environment, modern infrastructure, and numerous diverse amenities.
Quang noted that Da Nang is where Vingroup has made a key series of investments, with large and high-potential projects designed to capture the potential of the city.
The Lang Van tourism and resort complex project is not simply about building a resort destination, but also about creating a new symbol – a place where people live in harmony with nature in a modern and sustainable environment, he added.
The first components of the complex are expected to be completed and put into operation in 2027./.
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