14:56′ 11/08/2006 (GMT+7)

Ba Ria-Vung Tau Province has agreed in principle to a resort project in Xuyen Moc District by HCMC-based Trung Thuy Co, Ltd., which will build a four-star facility in the southern province, the company’s director said.

Duong Thanh Thuy told the Daily on Wednesday that the resort is designed to have a hotel of 300 to 400 rooms, a supermarket, a relaxation area, and other auxiliary tourist facilities. She said her company would join forces with a Japan investor to develop the costly project.

“Total investment will reach US$50mil. We will cooperate with a Japanese investor to develop the project,” she said.

The company will build the resort on 150ha in Phuoc Buu Commune, which will be designed for catering to Japanese tourists, especially the Japanese elderly.

“The Japanese partner will contribute half of the project’s total cost,” she said, without giving the name of the Japanese partner.

Thuy said in the first stage lasting ten years the company will spend around US$20mil on the project. In the second stage, the company will spend more to build what she called pleasure-houses under the forest foliage, and other works.

“Our Japanese partner also has the idea of building a golf course in the resort. If this idea is to be realized, we will have to ask the province for a larger area to build the resort,” Thuy said.

The company is now making an overall plan of the scale 1/500 for the resort and will soon summit it to the Government for consideration.

“We must ask for the Government’s idea because over a half of the area, around 60ha, is in the forest,” Thuy said, hinting at the Government’s policy of forest protection.

The company expects the resort to be up and running in between 2008 and 2010.

Trung Thuy Co. Ltd. is now operates the Miss Aodai chain of shops in HCMC and Hanoi. The shops sell handicraft products, the traditional Vietnamese dress called ao dai, coffee and other products for tourists.

The company also has a Miss Aodai building, and the 18-story Lancaster building under construction in downtown HCMC and a stopover station for tourists in the Mekong Delta Province of Tien Giang named the Miss Aodai Tien Giang.

(Source: SGT)