17:29 | 13/07/2015 Economy
Vingroup officially kicked off phase one of construction on July 12 of an entertainment, housing and eco-park on Vu Yen Island in the northern province of Hai Phong.
Representatives of Hai Phong province and Vingroup cut the ribbons in the ground breaking ceremony — VNS Photo
Construction plans cover the entire Vu Yen Island, which is spread over 872 hectares in the districts of Thuy Nguyen and Hai An and crisscrossed by the Ruot Lon, Bach Dang and Cam rivers.
Of note, a 36-hole international golf course has been designed in the heart of the island as the highlight of the complex, while the entertainment area will include shopping malls, dining areas, an aquarium, and a water park. At the same time, ecological villas will be built by the river in the north of the island.
The group has worked to preserve the island's natural beauty and biopersity, and an ecological park is also planned in a large area adjacent to the Bach Dang River, where tourists can enjoy outdoor activities that allow them to remain close to nature and green spaces. Further, a conservation area will be built to improve the quality of the landscape and act to protect the environment.
Additionally, a 1.5 km cable car system has been built to connect the mainland and the island.
Group vice president Nguyen Viet Quang said that Hai Phong has become one of the key areas of the group's investment.
He added that once it has been completed in 2020, the complex will become an important economic center, creating jobs and contributing to the socio-economic development of not only Hai Phong city, but also the surrounding areas./.