“Great construction site” Bai Dai – Cam Ranh has made positive changes when investors poured nearly 26,000 billion VND to build tourism projects, hotels, resorts.
Many projects have construction capital of over trillion
According to the Management Board of Cam Ranh Northern Tourist Area (Bai Dai KDL), by the end of March 2021, this area has 40 projects granted investment certificates with a total registered capital of nearly VND 30,000 billion. Up to now, there has been nearly VND 26,000 billion invested in the construction of tourism projects, resorts and hotels.
More than 26,000 billion VND poured into the construction of resorts and hotels in Bai Dai – Cam Ranh. (Photo: Khai An).
Bai Dai Beach Resort Management Board also said that there are 6 projects that have completed the whole project and put into operation, including Vipearl Long Beach villas, Duyen Ha luxury resort, Fusion Maia Nha Trang Resort, eco-tourism and luxury resorts Eurowindow, Alma , Golden Bay urban area.
In addition, there are 5 projects including Riviera Residences & Resort, Selectum Noa Resort Cam Ranh, Nha Trang Golden Peak Resort and Hotel, Dinh Vang – Cam Ranh KDL, South China Sea Resort KDL has completed the first phase and is implementing the second phase.
According to Bai Dai Tourism Management Board, in early 2021, due to the impact of the COVID -19 epidemic, the due projects put into operation were severely affected to the occupancy of rooms and reduced revenue.
The resort works are changing the face of Bai Dai – Cam Ranh tourist site. (Photo: Khai An).
“There are still a number of investors implementing slow progress compared to the provisions in the Investment Certificate.
Besides, the implementation of site clearance work is slow due to people not cooperating and complaining about compensation and assistance policies.
Many projects are stuck in procedures related to residential land that do not form housing units and construction density “, Bai Dai Tourism Management Board said.
However, traveling from Cam Ranh International Airport, along nguyen Tat Thanh main axis – the road connecting Cam Ranh Bay and Nha Trang Bay, it can be seen that a series of resorts are still urgently built with the investment of trillions of dong.
Specifically, Prime Resort – Prime Resorts and Hotels eco-tourism area of more than 13 hectares has completed the construction of 175 two-storey villas, restaurants, functional areas, Spa areas, swimming pools and is completing the 22-storey hotel block with the implementation value is about 2,000 billion VND.
Many projects are urgently completed to put into operation. (Photo: Khai An).
Next to the aforementioned project, the 26-hectare The Arena project has also completed building A2 (21 floors), A1 building (19 floors) and is completing A3 and A4 buildings with 9 floors and 126 villas.
The landscape and roads in this project have also been completed to prepare for the operation of a part of the project.
According to the Bai Management Board, the total construction value of the part under construction is about 1,400 billion VND.
In addition to the above projects, the project of Saigon – Cam Ranh resort with an area of nearly 20 hectares has invested and built about 1,200 billion VND; Hyat regency Cam Ranh bay resort and spa project of more than 31 hectares has invested in construction of more than 1,250 billion VND; 14-hectare seascape – Cam Ranh resort project has also invested more than 1,340 billion dong.
The “resort capital” will soon be active
Talking to the writer, Mr. Phan Viet Hoang, General Secretary of Khanh Hoa Real Estate Brokerage Association (KARED) said that Bai Dai – Cam Ranh area has dual benefits thanks to the clean, sea-clinging land fund with an area of nearly 800 hectares. (East Bai Dai bank) and owning two airports (domestic and international), this is a rare thing and shows potential and vision in marine economic development planning for the region.
Bai Dai – Cam Ranh is expected to become the resort capital in the coming period. (Photo: Khai An).
Bai Dai is also oriented to the long-term development policy of Khanh Hoa province since the 2000s with the goal of forming a complex of urban and entertainment complexes; class resort tourism, will bring a new face to Khanh Hoa province.
“Up to now, the infrastructure system has almost standardized the connection of Nha Trang City about 20 km now has attracted investment of more than 40 projects with big names in the resort industry such as Vingroup, EuroWindows, Novaland,… on the eastern axis of the area.
Particularly, the western subdivision is the land bank next to Bai Dai beach clinging to Nguyen Tat Thanh Avenue, which is a segment of land plot based on the division of plots with the strength of Hung Thinh’s coastal townhouse product line showing its own success on the map. Real estate resort in the next few years “, KARED Secretary General said.
Projects put into operation at Bai Dai always have a room capacity of over 75% during the COVID – 19 outbreak period. (Photo: Khai An).
According to Mr. Phan Viet Hoang, Khanh Hoa is now completing the planning of the whole province, including the planning of Bai Dai subdivision.
In addition, the Provincial People’s Committee has agreed to abolish documents related to the suspension of procedures for 35 projects in the conclusion that TTCP will help clear the suspended projects in the past period.
At the same time, when the plan is approved, the West Bai Dai bank will form many large-scale projects.
In addition, legal documents on the type of condotel, tourist villa are also being gradually completed, creating a premise for resort real estate in Bai Dai – Cam Ranh area to flourish in the coming time.
Source: vietnambiz.vn – Translated by fintel.vn