The Central Highlands province of Lam Dong granted a license for a VND188 billion (US$11.9 million) project to build a bio-tourism and convalescent village in the resort city of Dalat, at a meeting with domestic and foreign investors in Ho Chi Minh City on November 21.
The project, invested by the Tri Viet Co. Ltd. owned by a Vietnamese American, will cover 200,000 sq. m in the Ho Tuyen Lam tourist site in Dalat.
It will comprise 62 villas, 83 high-class apartments and hotel rooms, and a four-star heath center for overseas Vietnamese and foreign elderly people.
At the meeting, Lam Dong province also introduced 26 tourism, services, industry, and agriculture and forestry projects, calling for investment from nearly 200 Vietnamese and foreign investors, who have set up representative offices in HCM City.
Lam Dong has so far attracted 233 investment projects with a total capital of 4,272 billion.
Its capital city of Dalat, some 300 km from Ho Chi Minh City, offers an harmonious combination of natural scenery and historical sites. It is sometimes also referred as the “City of Flowers” or “City of Mist.”
As one of the major tourism hubs in Vietnam, Dalat expects to welcome 1.2-1.4 million visitors, including 200,000-250,000 foreigners, in 2005. Tourism growth is targeted at 12-13 per cent in the period to 2005, and 13-14 per cent from 2006-2010.
The city now has 385 hotels with more than 4,480 rooms, and 1,057 guesthouses capable of accommodating a total of 30,000 people a day. Nineteen hotels are star-rated, with the Sofitel Dalat Palace being the only five-star hotel in the city.
VNA
Vietnamese
