Many years ago, Chan May - Lang Co Economic Zone had million-dollar projects formed. Large projects and works have been invested in and started construction to serve the sightseeing and resort needs of tourists when coming to Lang Co Bay, one of the most beautiful bays in the world.
However, many large-scale tourism projects in Lang Co - Canh Duong national tourist area (belonging to Lang Co - Chan May Economic Zone) were built unfinished and then temporarily suspended, such as the Minh Vien International Resort project and the Mediterranean Legendary Resort project.
The Minh Vien International Resort project started construction in December 2018 with a scale of up to 102.7 hectares with a total estimated capital of 368 million USD, invested by Minh Vien International Joint Stock Company, including a hotel system, resort, conference center and supporting services that meet 5-star international standards...
And the Mediterranean Legendary Resort project is invested by Vinacoland House Construction and Development Joint Stock Company, implemented on a 6.9ha area started in January 2016 with a total investment of more than VND 600 billion. As planned, this will be a general service center, resort with 52 villas, hotel rooms, halls and 5 -star standard apartments. At the time of commencement, the investor pledged to mobilize all resources to ensure the project completion progress for 24 months, that is, in 2018, it is possible to put into operation. According to the plan, Minh Vien International Resort Resort project will be completed and put into operation in the first quarter of 2024; In particular, phase 1 is completed and put into operation at the end of 2019. In 2018, it can be put into operation and use the legendary resort project of the Mediterranean. However, by May 525, both of these projects were not yet completed, many constructions were still unfinished. Reported by PV Lao Dong Newspaper, over the years, both projects have not been carried out, no workers or any machines work. However, the project was wild, gradually being degraded. In Minh Vien International Resort, many ceiling locations, walls appear cracked and patchy. Although the project has not been put into operation, the fire protection system, terrain cars, some glass panels here are no longer intact. The reason for the two projects to stop construction for many years is thought to be because the investor has difficulty in capital.
Talking to PV Lao Dong newspaper, Mr. Ho Huy Hinh - representative of Hue City Economic and Industrial Zone Management Board - said that the current situation of Minh Vien International Resort projects projects are negotiating and unifying the terms of capital contribution and being promoted to reboot the project. And the Legendary Mediterranean Resort project was the policy for the Bank to organize a auction to find new investors to transfer the project under the collateral.
