National Focus

Indochina Kajima invests in 60ha luxury resort in Phu Yen

By Quynh Chi April 06, 2021 | 09:22 AM GMT+7

Indochina Kajima Development Limited has announced the start of construction for a new luxury resort at Bai Nom beach, Phu Yen province.

The groundbreaking of a 60 hectare resort in Bai Nom beach, Phu Yen.

Indochina Kajima’s first major luxury resort project in Vietnam has a total investment of nearly $15.23 million, with an area of 59ha of ground and 35ha of water surface. 

Ripe for exploration, the Bai Nom site envelops an entire cove demarcated by cliff and hill-like promontories to the north and the south bordering a spectacular pristine honey-combed beach, opening onto the tranquil, turquoise East Sea perfect for swimming and other water sports, on Vietnam’s south-central coastline between Quy Nhon and Tuy Hoa.

The Bai Nom resort will feature expertly designed residences with exquisite interiors and ocean villas with private pools, nestled within various leisure and entertainment facilities to offer a world-class holiday experience. The project is expected to become one of Asia’s finest resort properties, transforming Phu Yen’s coast into one of Asia’s top holiday destinations.

“When we initially envisioned Bai Nom, we thought first of The Nam Hai to create something extraordinary that would make Phu Yen’s coast a premier international leisure destination. When I first saw the Bai Nom site, I was mesmerized: the beach, the water, bordered by the steep cliffs to the north and the rolling hills to the south, just an incredible natural setting with forever uninterrupted panoramic views of the sea and beyond. I knew from that moment that we had found the opportunity to create another hospitality landmark for Vietnam,” said Peter Ryder, Indochina Capital’s CEO.

Indochina Capital is the leading developer in Vietnam’s premier luxury property arena with a portfolio of high-end properties across Vietnam, notably Four Seasons the Nam Hai, Hyatt Regency Danang Resort & Spa, Montgomerie Links Vietnam and Six Senses Con Dao...

The construction and design of the Bai Nom resort will bring together a world-class design team and world-renowned resort operator, following the same award-winning blueprint that, time and again over the past two decades, has proven successful for Indochina Capital.

In addition to Bai Nom, Indochina Kajima is developing 20 Wink Hotels, Vietnam’s first international hotel brand, made in Vietnam for Vietnam, over the next 5-7 years, all part of its initial investment commitment of $1 billion into Vietnam, with the first, Wink Hotel Saigon Centre just put into operation.

Indochina Capital CEO: US-North Korea summit to cause a surge in business interest

Indochina Capital CEO: US-North Korea summit to cause a surge in business interest

Leader Talk -  5 year
The Hanoi summit brought more for Vietnam tourism and hospitality than a perfectly designed media campaign.
Indochina Capital CEO: US-North Korea summit to cause a surge in business interest

Indochina Capital CEO: US-North Korea summit to cause a surge in business interest

Leader Talk -  5 year
The Hanoi summit brought more for Vietnam tourism and hospitality than a perfectly designed media campaign.
CEO Group chairman unveils guide to Vietnam real estate for foreigners

CEO Group chairman unveils guide to Vietnam real estate for foreigners

National Focus -  1 month

Doan Van Binh, Chairman of CEO Group and Vice President of the Vietnam National Real Estate Association, introduced his latest book, “Vietnam Real Estate for Foreigners,” at a launch event in Hanoi on Friday.

Women leading the charge in Vietnam's green transition

Women leading the charge in Vietnam's green transition

National Focus -  2 month

Acting for increased women’s participation and leadership in climate action, Vietnam can accelerate a transition that is more inclusive, just, and impactful.

Steam for girls: A journey of passionate and creative girls

Steam for girls: A journey of passionate and creative girls

National Focus -  3 month

The "Steam for girls 2024" competition provides a creative platform for Steam and an opportunity for students to connect with peers from various regions within Vietnam and internationally.

Politburo backs North-South high-speed railway proposal

Politburo backs North-South high-speed railway proposal

National Focus -  3 month

The Politburo on Wednesday supported a plan to invest in a high-speed railway along the country’s North-South axis, marking a crucial step for the multi-billion-dollar project aimed at boosting economic growth and infrastructure development.

Ho Chi Minh City inaugurates Japan-funded wastewater treatment plant

Ho Chi Minh City inaugurates Japan-funded wastewater treatment plant

National Focus -  3 month

Ho Chi Minh City has inaugurated the expanded Binh Hung wastewater treatment plant, now the largest facility of its kind in Vietnam.

Electric vehicle market faces growth hurdles

Electric vehicle market faces growth hurdles

National Focus -  3 month

Vietnam's electric vehicle market, holding just 15 per cent of the automotive market share, shows promise but faces significant challenges in scaling up due to infrastructure and regulatory obstacles.