Approval of investment policy for project "tourism apartments, resort, hotel Alarcarte Vung Tau"

2017-02-08 11:30

On 02/06/2017, BR - VT has given a decision on approving the investment policy for projects, "" Tourism apartments, resorts, hotels AlacarteVung Tau” by the Housing Development Corporation BR - VT as an investor. 

The investment undertakings with a total investment plan of 450 billion, to be implemented on an area of ​​nearly 2,000 m2 at 02, Truong Cong Dinh ward 2, Vung Tau City (less than 100 meters from the beach front). Project scale 20 floors (not counting the mezzanine and floors each technique) + basement with 72 standard rooms 4 star (+) and 102 luxury apartments; in addition to the swimming pool, conference center ... Once completed, this project will create a focal point for the region and improve the environment and landscape tourism, services to Vung Tau City, contribute to accelerating urbanization under the motto of modern civilization, to contribute to the budget and create jobs for local workers.

As expected, HODECP will implement the project around the end of the first quarter and the second quarter 2017, it will be completed and put into operation in late 2019. 

Following the condo hotel model, the project marks the transformation of HODECO into the real estate sector and tourism.