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Hanoi firm breaks ground for US$17.8m highland resort project
18-JUL-2008 Intellasia | Thanhniennews
Jul 18, 2008 - 7:00:00 AM


Hanoi-based Hoai Nam Co Ltd began Monday constructing a 300 billion dong (US$17.8 million) ecotourism project in the Central Highlands province of Lam Dong.

The Dasar Fall Resort will cover 150 hectares in Lac Duong District's Dasar Commune, located around 15 kilometres from the provincial capital of Da Lat.

It will include a five-star hotel, a club for adventure sports enthusiasts, healthcare facilities with mud and artificial mineral bath services, and a camping area, said the company's general director Nguyen Quoc Hoai.

The firm also plans to build areas to raise hoi van fish and plant orchids and others flowers on the Lang Bian Plateau to offer visitors a chance to learn about breeding salmon and fauna cultivation.

The resort is located next to nearby waterfalls and pristine forests, accessible to guests by tramcars.

Work on the project will be carried out in two phases.

The first part, requiring 150 billion dong (US$8.9 million) in investment, is scheduled to be finished by late next year while the second part will begin operating in 2015.

Hoai Nam Co Ltd earlier this year received Lam Dong authority's permission to fix up a Spanish-style stone villa on Da Lat's Quang Trung Street, formerly owned by Phi Anh, a concubine of Bao Dai, the last monarch of Vietnam.

The renovation of Phi Anh Villa cost 10 billion dong (US$594,000).

More projects in Lac Duong

The Lam Dong Province People's Committee in May granted permission to a group of local companies to develop a resort town in the provincial capital of Da Lat.

The conglomerate, including the Ministry of Construction's Housing and Urban Development Group, Vietnam Rubber Group and Vietnam Textile and Garment Group, will map out a zoning plan to turn the Dankia-Suoi Vang area into a "second Da Lat Town."

The 5,071-hectare region in Lac Duong District will be developed to host residential areas, ecotourism resorts and international conference halls in a project that is expected to cost more than US$1 billion.

The provincial government has also authorised HCM City-based Thai Thinh Co to draft a project to build a cultural resort complex on a 3,000-hectare area at the foot of Lac Duong District's Lang Bian Mountain, the highest peak in Lam Dong.

The complex, dubbed the Lang Bian Highland Town, will include facilities where scientists will carry out research in the fields of biology, medicine and information technology, an international-standard education and training area, an area for testing scientific products, and a series of hotels and resorts.

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