The Ninh Thuan Economic Development Office announced on March 19 that the Ninh Thuan Province People’s Committee had agreed to grant a license to the Mui Dinh Tourism Project at a total investment of US$4.5 billion.
Investment for the new tourism project will come from the Hong Kong-based Polo Beach International Limited company.
The project is located in an area of 1,500 hectares in the central province of Ninh Thuan, and will include many facilities such as high-end resorts, entertainment complex, villas, and community services.
Ninh Thuan province will also grant a license to the Belgium-based Enfinity Company to build wind power and solar energy at an investment of $0.9 billion.