Little room left for tourism investors in Quang Nam

Little room left for tourism investors in Quang Nam
Investors interested in building resorts along the beaches in Quang Nam Province will have to wait a little while longer as land in the province’s north is fully occupied while land in the south will be opened for development when a bridge is completed.

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Several enterprises are desperate to invest in the local coastal area but cannot find available locations, said Dinh Hai, director of the province’s Department of Culture, Sports and Tourism.
 
Hai said an 8-kilometer-long coastline in the north is home to numerous hotel and resort projects. Along the southern coastline with a length of 100 km, a couple of investors have launched tourism projects in the Chu Lai Open Economic Zone. Hai said when the Cua Dai Bridge leading to the southern area is in place, the provincial government will call for investment in this area. “Investors want to set up their businesses at the seaside. However, coastal areas are limited,” he added.
 
It is estimated that the provincial government will prioritize high-quality projects including resorts and entertainment parks as well as screen all applications to choose the most suitable investors.
 
Quang Nam reported 1.65 million tourist arrivals in the first eight months of the year and gained total revenue of VND653 billion from tourism services. International visitors totaled 971,000, a 24% year-on-year increase.
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