The project is planned on an area of 94ha. The total expected investment is VND5,000 billion, designed with 5 functional areas including the hotel complex of 5,000 rooms, water park, shopping centers, docks, public beach.
In addition, the investor and the designer unit Nihon Sekkei (Japan) has asked the province to assign them to manage and exploit adjacent islands for tourism development.
With this investment plan, CEO Group will revive the largest tourism project in Van Don which has been sluggish over the past decade.
The CEO Group has invested in Van Don shortly before the National Assembly prepares for the approval of the Special Administrative-Economic Zone Act, which will create superior policies on governance, tax incentives and business operations.
It is expected that Van Don, Phu Quoc and Northern Van Phong will become three special administrative - economic zones. In particular, Van Don will focus on developing high technology, tourism and logistics services.
Thus, CEO Group will be present in two Vietnam's future special economic zones. Currently, CEO Group is one of the largest investors in Phu Quoc, with a total land fund for the construction of tourist areas, urban areas and golf courses of up to 450ha.