Investing VND20,000 billion (nearly $1 billion) in the southern area of Phu Quoc – Vietnam’s largest island in the southern province of Kien Giang – Sun Group has not only created a resort paradise here but also helped wake up the hidden potential of the pearl island.
With prime locations, two resort estate projects developed by Sun Group in the southern region of Phu Quoc Island are the two “stars” on the resort map of the pearl island. Designed by world leading architectural brands, each villa and condotel is perfect as an artwork.
Glowing south Phu Quoc
The last works are being completed for the opening day in early 2017, JW. Marriott Phu Quoc Resort & Spa with more than 200 rooms, bungalows and seaside villas, promises to offer visitors luxury experience in south Phu Quoc. The formation of a new complex of resort and entertainment park in Khem beach of south Phu Quoc means great investment opportunities here.
In only one year, from a little-known region, the southern area of Phu Quoc Island has witnessed breakthrough development. This area is transforming itself into a Sentosa (Singapore) as new and open policies are applied for Phu Quoc.
If the northern part of the island is home to resort estate projects, the southern region, thanks to strong investment of Sun Group, is becoming an international-class tourist and resort center.South Phu Quoc’s potential wakes up with Sun Group estate projects
In this area, Sun Group has invested up to VND20,000 billion to build a high-class resort and amusement complex, including: Hon Thom sea-crossing cable car network with a length of up to 7,880m; Hon Thom amusement park and especially JW Marriott Phu Quoc Resort & Spa and Condotel Premier Residences Phu Quoc Emerald Bay at Khem beach and Premier Village Phu Quoc Resort resort villas at Ong Doi cape, which are the ideal locations in Phu Quoc.
According to Sun Group, Premier Village Phu Quoc Resort is being completed while Condotel Premier Residences Resort Emerald Bay is also being built urgently.
Vietnam: Manufacturing to remain the key driver of growth
We expect robust exports, led by strong global demand for electronics, to continue to underpin solid economic growth over the remainder of this year with GDP forecast to rise close to 8%.
GDP growth was unchanged at 4.5% y/y in Q1. Manufacturing activity surged, while the recovery in service sector activity and construction continued albeit at a more subdued pace as some localised social distancing measures were reinstated.(more…)
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