Yen Ngoc to invest in Ba Hoa Mountain tourism project
The Chairman of the provincial People's Committee Ho Quoc Dung has signed a document to allow Yen Ngoc JS Company to invest in Ba Hoa Mountain project in Quy Nhon city.
Accordingly, Yen Ngoc is required to survey and create a project proposal within the next three months.
According to Director of Investment Promotion Center under the provincial Department of Planning and Investment Nguyen Bay, Ba Hoa Mountain is 300 meters high and locates at the center of Quy Nhon city. From this site, we can view the whole city, Thi Nai Lagoon and surrounding areas.
The investor is allow to develop the project on an area of 15 hectares. This project, which has total investment capital of VND200 billion, aims to build a viewing flatform and cable car route from provincial Convention Centre to the top of Ba Hoa Mountain, upgrading current roads, building villa, spa, commercial area, restaurant on the top of the mountain.