APPROVING INVESTMENT PROJECTS RESORT AND ECOLOGICAL TOURISM AREA “HON BA” AT BIG SANDY BEACHES, HANG BA, CON DAO DISTRICT

Monday - 25/11/2019 16:15

The provincial People's Committee has just issued a document approving the investment plan for Saigon - Con Son Real Estate Investment Development and Development Co., Ltd. to implement the Hon Ba Resort and Resort project at Cat Lon beach, Hon Ba, Con Dao district with an area of 19 ha and total investment capital of VND 86.8 billion.

The objective of the project is to build a high-class resort combined with entertainment activities to serve the needs of relaxation and entertainment of tourists. The scale of the project, including a 01-storey villa-villas area with 22 apartments; Bungalow has 01 floors including 64 units; Entertainment service area; Natural forest land and trees... As expected, the project will complete the procedures for investment preparation in 2019; Construction starts in 2020 and in 2023 will complete construction and put the entire project into operation.
The provincial People's Committee assigns the Department of Planning and Investment to issue Investment Registration Certificate as prescribed. Investors can only lease the forest environment to implement projects, the lease term does not exceed 30 years from the date of being granted the investment registration certificate.
The provincial People's Committee requested III Real Estate Trading and Construction Joint Stock Company (supported by the provincial People's Committee in the document No. 6318 / UBND-VP dated June 28, 2018) to ensure the financial for Saigon - Con Son Real Estate Business Development and Investment Co., Ltd. (established by Real Estate Construction and Trading Joint Stock Company III in Ba Ria - Vung Tau province to manage and operate the project ) to implement the Hon Ba Resort Tourism project.
In addition, the provincial People's Committee also proposed the Saigon - Con Son Real Estate Business Development and Investment Co., Ltd. to contact the Department of Agriculture and Rural Development and the National Park according to the provisions of the Investment Law; be responsible for reporting Management Board. Con Dao, Department of Natural Resources and Environment, Department of Construction, People's Committee of Con Dao district are instructed to follow procedures for hiring forest, construction and environment in accordance with current law. In the course of project implementation, investors must abide by project construction investment according to current regulations and standards; organizing tourism space and constructing infrastructure works must not affect the natural ecosystem, biodiversity and natural landscape of the forest; in accordance with the ecotourism, hospitality and entertainment schemes and in accordance with the planning approved by the competent authority; It must comply with current regulations on investment in ecotourism projects in special-use forests. In case of changing the scale and investment capital, investors must make adjustments investment activities as prescribed; focus funding to implement the project on schedule; give priority to putting into operation in December 2020 various types of entertainment and sport services with new and strange characteristics suitable to the Scheme of eco-tourism and entertainment to improve product quality tourism in Con Dao.

The provincial People's Committee will terminate the policy of the project in case the investor does not implement the project according to the committed schedule in accordance with the Investment Law. /.