A new urban area is planned on an area of 51 hectares in Cai Rang district at total costs of VND1.62 trillion (US$69.66 million), to be invested by Thu Duc Housing Development Corporation.
A consortium of investors, including both 216 Joint Stock Company and Van Phu – Invest Investment Joint Stock Company, will implement the Con Khuong new urban area project costing VND4.9 trillion (US$210.7 million), covering 51 hectares in Binh Thuy district.
In particular TMS Global Joint Stock Company has been assigned to be the investor of the VND1.57 trillion (US$67.51 million) Con Son tourist site. The project, covering 75 hectares in Binh Thuy district, will be implemented in the model of a resort and ecotourism park, aiming to optimally tap into the current status quo with many canals, orchards and aquaculture areas.
According to the municipal Department of Planning and Investment, the Con Son tourist site project is one of the most important projects of Can Tho’s tourism sector this year, which is expected to take form as a complex of five-star luxury resorts combined with ecotourism and entertainment, in association with preserving and promoting the cultural identities of local people.
The policy of the city is to be willing to support and create favourable conditions for investors to participate in researching and proposing projects, contributing to developing Can Tho into a municipality of the Mekong Delta region worth-living in.