Entertainment park for Phu Quoc

The park is expected to be built in the center of Phu Quoc Island onan area of 175 ha and include horse racing, shooting, car racing andwater sports. The two partners are said to be researching clean energysupply for the park.

FECON is the local project developer and the Vault Investment Fund isthe financial investor. A representative from FECON said that since2014 the company has accelerated its market research and soughtinvestment opportunities in Dubai (UAE) and Myanmar.

Vault Investment Fund belongs to Nakheel, one of the five largest real estate and infrastructure developers in the UAE.

Phu Quoc Island, of the coast of the Mekong Delta’s Kien Giang province, covers 567 sq km.

In June the government issued Decision No. 88 on the development planfor the island to 2030, with 4,300 ha set aside for tourism, 3,325 hafor a residential and tourism complex, and 1,234 hectares for forests.Several projects to build harbors and monuments are in the pipeline.

Entertainment park for Phu Quoc

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