PROJECT HA VILLAGE LAKE ENTERTAINMENT COMPLEX

PROJECT HA VILLAGE LAKE ENTERTAINMENT COMPLEX

1. Location:

The complex is located in the foot of Tam Dao Mountain, near 18-hole Tam Dao Golf Course, on the National Highway no.2B from Vinh Yen City to Tam Dao Tourism Area. The complex is 40km away from Noi Bai International Airport, is 6km away from the Trans-Asia Express Way. All the water surface areas belong to Ho Son Commune, Tam Dao District, Vinh Phuc Province.

2. Present condition:

The Project is a part of the planned areas which is surrounded by Tam Dao Mountain ridge, with a fresh and clean ecology system. There are: a 33,000 ha Tam Dao primary forest, which is now being preserved by the Government, a huge lake, extraordinary climate, four seasons a day. The location of the lake favors the transportation and belongs to huge tourism areas: Tam Dao Tourism Area, Tam Dao 2 Resort, Tay Thien Spiritual Tourism area, Tam Dao Golf Course. The lake is now under the Provincial administration.

3. Objectives and scale:

            Objectives: A tourism and entertainment complex, which includes following service: eco-tourism; eco-resort; MICE tourism, entertainment, connects with other areas to create a closed, high quality tour .

            Scale: 168 ha

4. Total estimated capital for technical infrastructure: $80 million. 

5. Authorized State Agency: Vinh Phuc Provincial People’s Committee

6. Form of investment: ecological resort, tourism

7. Status: Approved by the Provincial People’s Committee

8. Progress:

From 2014-2015: Preparations.

From 2016-2018: Construction and Operation.

9. Form of investment: joint venture or 100% foreign capital.

10. Preferred policies:

Tax policy: Depend on specific items, will be guided with pursuant to the Laws of Vietnam. .

11. Provincial commitment:

1. Regarding site clearance: specialized agency helps investors to acquire land in the soonest time;

2. Procedures: processing by one-stop service mechanism; highest priority to support investors during the implementation of the project.

12. Implementation process:

1. Investors submit Project Proposal Documentation to Department of Planning and Investment for inspection and approval.

2. Provincial People’s Committee (PPC) assigns authorized state agencies to choose the qualified investors.

3. The investors then prepare the Project documentation for a preliminary negotiation with authorized state agencies.

4. Investors and the authorized state agencies shall sign a contract in form of BT or PPP or investor’s request for the implementation of the project.

5. The PPC shall compensate, acquire land and hand over the investors with clear sites.