Thursday, April 16, 2009

Bye bye beauty: Sun City develops in Phan Thiet

Phan Thiet isn't really the best beach in Vietnam, but it's ok and it was one of the first ones where hotels were built. Now it's loosing some attraction in the intrnational tourism, mainly because the bad infrastructure: No airport, far away from Saigon and any other major city.

Since the russians discovered the place it has changed already, but with this new project the beauty will be gone:

Sun City gets license for property, tourism project in Phan Thiet
Binh Thuan Province has issued an investment license for the Ho Chi Minh City-based Sun City Company’s project to build a villa quarter in the beach resort city of Phan Thiet.

The company plans to invest about VND357 billion (US$19.83 million) to develop the project on 43 hectares of sandy beach in Ham Tien and Mui Ne, which is considered “heaven of resorts”. Besides the beach villas, the company plans to build hotels and entertainment and sports sections, spas, bars, restaurants, shopping areas and other facilities.

My hope is that there is a gap between announcements and realisation, so this project might never become real.
My concern is, that it might be developed like most projects: cheapest chinese quality, just to build it up and then sell it and run way.

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