Proposed mega resort tourism project worth VND 105,750 billion in Binh Dinh

A company has just proposed the Lac Viet Palmer Johnson De Gi resort – superyacht tourism project, with a scale of about 4,360 ha in Binh Dinh province and total investment of about VND 105,750 billion.

Hoang Trong

On 26.1, sources of the reporter of Thanh Nien said that the People’s Committee of Binh Dinh province had just received a document from Lac Viet Palmer Johnson Marina City – Superyacht JSC (in Phu Cat district, Binh Dinh) on proposing the investment and requesting permission to survey the site of the Lac Viet Palmer Johnson De Gi resort tourism – superyacht project.

Accordingly, the Lac Viet Palmer Johnson De Gi resort – superyacht tourism project has a scale of about 4,360 ha, including part of the De Gi lagoon water surface (about 1,570 ha) and parts of Cat Minh and Cat Khanh communes of Phu Cat district; parts of My Thanh, My Chanh and My Cat communes of Phu My district; and Hon Trau island (Nhon Hai commune, Quy Nhon City). The project has total investment of about VND 105,750 billion and an operating term of 70 years.

The De Gi lagoon area, where the site survey for the Lac Viet Palmer Johnson De Gi resort – superyacht tourism project is proposed

PHOTO: DUNG NHAN

Lac Viet Palmer Johnson Marina City – Superyacht JSC plans to carry out the project within 60 months from the date it is permitted by the competent authority.

According to Lac Viet Palmer Johnson Marina City – Superyacht JSC, the Lac Viet Palmer Johnson De Gi resort – superyacht tourism project is an important part of Binh Dinh province’s long-term development strategy, aiming to attract high-income and international ultra-wealthy visitors to use local services, thereby building a high-end tourism brand for the province and the region. The project will create a resort of international stature, contribute to local economic development, and lay the groundwork for turning Binh Dinh province into a global financial center that attracts international investors.

The Lac Viet Palmer Johnson De Gi resort – superyacht tourism project includes a superyacht marina with a pier and 2 berthing areas for superyachts and yachts with 50–100 berths, an accompanying service center, a dispatch house…

The ultra-luxury marina service area will be the hub for VIP yacht activities, with high-end restaurants, bars, yacht logistics services and a commercial center featuring luxury fashion boutiques, supercar showrooms and premium wellness services such as spas and gyms.

Representatives of the Binh Dinh Provincial People’s Committee and Lac Viet Palmer Johnson Marina City – Superyacht JSC sign a memorandum of understanding on researching and surveying the project

PHOTO: THUY TRANG

The ultra-luxury floating villa area comprises floating villas designed with advanced technology, combining luxury with natural elements. Each villa will have a boat dock, sunbathing deck, swimming pool and landscaped space.

The water recreation area includes water sports, floating restaurants and high-end entertainment such as kayaking, scuba diving and nature exploration.

The ultra-luxury mountain villa area consists of villas set on hillsides, designed in a style that harmonizes modern architecture with pristine nature. Each villa offers panoramic views of the lagoon and majestic mountains, with amenities including a swimming pool, relaxation area, garden and an optimal security system for guests.

The 6-star, 1,500-room hotel cluster with international brands, comprising 10–15-storey hotels on the hills, is specially designed as horizontally oriented buildings to preserve the natural landscape as much as possible.

Luxurious, secluded villas or bungalows are scattered on the Vung Boi headland, facing the sea as well as overlooking the superyacht marina.

The 18- to 36-hole golf course, covering about 200 ha along the coast, will host international-standard golf tournaments.

Cat Khanh commune (Phu Cat district, Binh Dinh) lies within the survey area for developing community tourism

PHOTO: DUNG NHAN

Hon Trau tourist island is built into an especially luxurious resort area, with a small, limited number of villas and a superyacht marina.

The luxurious event venue will host events, cultural and artistic activities and high-quality international conferences of international scale.

A retirement resort is a residential community designed specifically for older adults (usually aged 55 and above) who want an independent lifestyle with full support, including private homes or apartments, shared amenities such as dining areas, fitness centers and community spaces, as well as healthcare services and recreational activities.

The hill and mountain landscape will be developed into a green space with walking paths, naturally landscaped gardens and outdoor recreation such as hiking, cycling or sightseeing.

The community tourism area includes existing fishing villages and other community-tourism activities that preserve and reflect the distinctive local life and culture.

Earlier, on 16.1, Chairman of the Binh Dinh Provincial People’s Committee Pham Anh Tuan received and held a working session with Mr. Tong Duc Hieu, Chairman of the Board of Lac Viet Group; billionaire Roland Staub, Chairman of Finance Suisse Fund (based in Switzerland); and billionaire Timur Shahrukh Sheer Mohamed, Chairman of Palmer Johnson (a world-leading superyacht builder based in Monaco).

After discussions, Mr. Pham Anh Tuan, on behalf of the Binh Dinh Provincial People’s Committee, together with Mr. Tong Duc Hieu and Mr. Timur Shahrukh Sheer Mohamed, Co-Chairmen of the Board of Lac Viet Palmer Johnson Marina City – Superyacht JSC, signed a memorandum of understanding establishing a cooperation framework between the parties for researching, surveying and seeking investment opportunities for the Lac Viet Palmer Johnson De Gi resort – superyacht tourism project.