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$2b tourism complex planned for Cat Ba island

Update: September, 17/2014 - 09:10
A perspective of the Venus Cat Ba - Ha Long project. — Image dddn.com.vn

HAI PHONG (VNS) — The Hanoi-based GIICO International Investment Group has announced a plan to build a US$2-billion tourism complex on Cat Ba Island in the northern city of Hai Phong.

According to Dien dan Doanh nghiep (The Business Forum)online, the Venus Cat Ba-Ha Long project will include resorts, hotels, trade centres and hospitals, as well as golf courses, entertainment parks and reserve areas for wild animals.

The complex will cover a total area of about 310 hectares and is expected to be completed by 2022.

Located 45 kilometres east of Hai Phong and 150 kilometres southeast of Ha Noi, Cat Ba covers more than 17,000 hectares of land and 9,200 hectares of sea. The UNESCO has recognised it as a World Biosphere Reserve for its tropical rain forests on limestone islands, as well as mangrove forests, coral reefs, beaches and cave networks. It is home to an estimated 2,320 types of fauna and flora. — VNS

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