Phu Yen grants investment decision for investor of Xuan Dai Bay project The project is invested by Xuan Dai Bay Investment JSC. According to the planning, the complex integrates hotels, a commercial service area, resort area, amusement area for kids, and other supporting facilities. The project covers an area of 7.32 hectares with the total investment capital of VND780 billion ($33.9 million). The investor forecast that after receiving the approval for its investment plan, it would take 36 months from preparing to apply for an investment certificate to take the project into operation. Once completed, the complex will contribute to meeting the accommodation demand of both foreign and domestic tourists and promoting the tourism image of the province. Besides, it will generate jobs and contribute to promoting socioeconomic development in the province. Xuan Dai Bay is also near Cu Mong Lagoon, O Loan Lagoon, and the Da Dia Rocks. These and other lagoons are some of the best places to sample Phu Yen’s famous local seafood. In January 2011, Xuan Dai Bay was recognised as a National Relic, and plans have been made to promote tourist service development. Phu Yen and the neighbouring provinces will build roads to Xuan Dai… Read full this story
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