Business

Crystal Bay builds 3,300-room hotel in Ninh Thuan province

By Minh Thu April 10, 2019 | 11:03 AM GMT+7

The hotel is part of Crystal Bay’s bigger plan to turn the south central province into a tourism hub.

The SunBay Park will be finished in 2021.

Hospitality group Crystal Bay yesterday started construction on one of the country’s biggest hotel complex in Ninh Thuan province.

The SunBay Park Hotel & Resort will feature 3,300 rooms on three towers looking over the Ninh Chu beach in the Ninh Thuan provincial capital city of Phan Rang Thap Cham, just over one-hour drive from Cam Ranh international airport.

The hotel’s total development cost is estimated at $195 million and construction is expected to finish in June 2010.

The complex will also comprise a 4.7ha water park, a shopping mall, 9 infinity pools and 9 Eurasian restaurants. Every detail of the hotel design is inspired by typical local Cham culture.

Crystal Bay chairman Nguyen Duc Chi said the company wanted to become a strategic investor in Ninh Thuan and SunBay Park Hotel & Resort is the first among a series of tourism projects it will develop in the province.

In addition to SunBay Park Hotel & Resort, Crystal Bay is promoting three other large project in Ninh Thuan, including the 766 hectare- Mui Dinh Ecopark, Ninh Chu Sailing Bay and 10-hectare Bai Coc beach resort.

Mui Dinh Ecopark is the largest one, designed with seven hotels having 7,000 rooms and 500 villas in plan. The project is designed by the Bangkok - based Chapman Taylor architectural office.

Ninh Thuan People’s Committee chairman Luu Xuan Vinh said the provincial administration will provide the best possible incentives for tourism investors.

Last year the province attracted 2.19 million tourists, up 15.3 percent year-on-year, and raked in VND1.05 trillion ($45 million) in revenue, a year-on-year rise of 18.9 per cent.

The province features various pristine beaches, picturesque landscape and cultural relics, but has so far been able to build only one upscale hotel, the Amanoi. 

Solar & Storage Live Vietnam returns, leading sustainability and innovation in energy sector

Solar & Storage Live Vietnam returns, leading sustainability and innovation in energy sector

Business -  1 week

Solar & Storage Live Vietnam event has been running since 2017 and the 2025 edition will be the biggest yet.

New alliance pushes ESG standards for Vietnamese businesses

New alliance pushes ESG standards for Vietnamese businesses

Business -  4 week

A new partnership between EY and the Vietnam-Singapore Board Forum (VSBF) is set to strengthen ESG capabilities for Vietnamese businesses, helping shape more sustainable business models.

US giant backs Vietnam’s bid to lead ASEAN gas trade

US giant backs Vietnam’s bid to lead ASEAN gas trade

Business -  1 month

With strategic deals and strong policy alignment from the Vietnamese government, Excelerate Energy aims to anchor Vietnam’s LNG ambitions in the region.

Frasers Property, SPX Express sign deal for largest sorting centre in Southeast Asia

Frasers Property, SPX Express sign deal for largest sorting centre in Southeast Asia

Business -  1 month

Scheduled for completion in 2027, the logistics facility will be the first of its kind in Vietnam significantly boosting parcel processing capacity up to 7 million parcels daily.

Gamuda Land secures VND3,750 billion loan for Eaton Park project

Gamuda Land secures VND3,750 billion loan for Eaton Park project

Business -  1 month

Gamuda Land will use the loan to invest in a luxury real estate project in Ho Chi Minh City.

WHA Group accelerates industrial park investment in Vietnam amid tariff tensions

WHA Group accelerates industrial park investment in Vietnam amid tariff tensions

Business -  1 month

Amid global economic volatility, WHA Group has rapidly rolled out multiple expansion projects in Vietnam, signaling its strategic focus on the country.