Provincial leaders working with investors proposing to deploy 2 projects in Tuy Hoa city
Updated : Tuesday, July 10, 2018 3:59 PM (GMT+0700)

Mr.Nguyen Chi Hien, Standing Vice Chairman of the Provincial People's Committeehas recently chaired a meeting with SOVICO Corporation in Ho Chi Minh City onthis unit's proposal to invest in two projects of Phu Yen Complex Ariyana Beachand the intellectual area - Southern Phu Yen Urban Area.

Mr. Nguyen Chi Hien delivering a speech at the meeting

At the meeting, the representativesof SOVICO Corporation lets known: The Phu Yen Ariyana Beach Complex project is onthe area of ​​over 13.6ha in ward 7 (Tuy Hoa city). Accordingly, the projectwill invest in high buildings, commercial center along Le Duan street. Between the land is the luxurycompound villas. Along Doc Lapstreet is the shophouses forming the shoppingstreet. Next to the coast is the entertainment area with services such as swimmingbeach, kayaking, beach sports, volleyball, windsurfing, parasailing... combinedwith the high quality food service.

For the project ofIntellectual Area - Southern Phu Yen Urban Area is invested on an area of​​over 58.4ha in the Southern urban of Tuy Hoa city, with the apartmentbuilding of 30 storeys, 3 single villa areas, 8 adjacent-house areas withcommercial center, 4 adjacent-house areas with garden. In addition, in the areasis also invested with commercial buildings, multipurpose clubs, parks andcentral square, greenery systems and an educational center. Within theframework of the project, the investor also builds the VietJet Aviation Academyto meet the needs of on-site training for pilots, flight attendants, flightoperators, technicians... the investor committed the project would be startedin the first quarter of 2019 if Phu Yen province approved the investment policy.

In conclusion at themeeting, Mr. Nguyen Chi Hien welcomed investors to study and propose ideas forinvestment in two projects in the province. However, these two projects arereal estate investment projects and have no special ideas, not make adifference to create tourism products to compete with other localities. Hesuggested that the investors continue to study and adjust the projects to meetthe requirements from the province; assign the Economic Zone Authority,Department of Construction to support, facilitate investors to perfect the ideaof ​​investing in these projects.

Source:Phu Yen Newspaper

Translatedby TRINH THUY

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