INVEST VINH PHUC > Supports > PROJECT LUXURY FIVE STARS HOTEL AND ENTERTAINMENT COMPLEX
PROJECT LUXURY FIVE STARS HOTEL AND ENTERTAINMENT COMPLEX

PROJECT LUXURY FIVE STARS HOTEL AND ENTERTAINMENT COMPLEX

1. Location:

The complex is located in Nam Vien Commune, Phuc Yen Town, Vinh Phuc Province. It is in the Eastern of the Province, borders with Ha noi, and is close to the intersection of Noi Bai – Lao Cai Express with Nguyen Tat Thanh Rd, Phuc Yen Town. The complex is 9km away from Noi Bai International Airport, 28km away from the center of Ha noi City, and is 14km away from Vinh Yen City.

2. Present conditions:

The project is located near the suburban of Vinh Phuc city in the future (Master Plan by 2030, with vision to 2050) and belongs to sectional urbanization and tourism area of the province. This midland field is filled with agricultural and short-day plants.

3. Objectives and scale:

            Objectives: to attract foreign tourists travelling by air, international managers, air hosts/hostesses. The complex is the transit station and connections of nearby tourism areas and creates a closed tour.

            Scale: A 5-star hotel complex with 500 rooms, of which 450 standard rooms and 50 luxury rooms, European and Asian restaurant chain, luxury entertainment places to meet varied demands. Total area of 25-30ha.KS 1

4. Total estimated investment: $200 million.

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

6. Field of investment: Hotel, restaurant, entertainment service.

7. Status:

Zoning Plan scale 1:5000 approved. The project is now under investigation of ideas and proposal on planning to call for investment.

8. Progress:

– From 2014-2015: Preparations.

– From 2016-2018: Construction and Operation.

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

10. Preferred policies: tax policy: each item will be guided carefully 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. Labors: help the investors to recruit qualified employees.

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

4. Preferred policies: investors enjoy Governmental and Provincial policies.

12. Implementation process:

1. Investors submit Project proposal documentation to Vinh Phuc Investment Promotion Agency for inspection and approval of the PPC;

2. Prepare Project profile and apply for the issuance of Certificate of Investment.

3. The PPC hands over the investors with clear site;

4. After that the investors sign land lease contract and receive certificate of land use rights;

5. The investors now can start the Project.