Real estate prices in Quy Nhon will skyrocket thanks to tourism development.

Real estate prices in Quy Nhon will skyrocket thanks to tourism development – ​​this was one of the statements made by Mr. Nguyen Huu Tho, Chairman of the Vietnam Tourism Association, at the Binh Dinh Province Tourism Development Investment Promotion Conference held on April 3rd.

Binh Dinh aims to attract 5.5 million tourists in 2020.

Streamlined procedures to attract tourism investment.

One of the highlights of this conference was the announcement by Binh Dinh province of its tourism development plan until 2020 and vision for 2030, aiming to focus investment on effectively exploiting tourism resources in a professional, branded, and sustainable manner, producing high-quality, competitive tourism products that reflect the unique cultural identity of Binh Dinh.

Accordingly, the target for Binh Dinh by 2020 is to attract 5.5 million tourists, including approximately 800,000 international visitors, with an average growth rate of 15% per year, and total tourism revenue reaching 10,000 billion VND, with an average growth rate of 25% per year…

Chairman of the People's Committee of Binh Dinh province, Ho Quoc Dung, affirmed the policy of allocating "clean" land to investors.

Speaking at the conference, Mr. Nguyen Van Tuan, Director General of the Vietnam National Administration of Tourism, Ministry of Culture, Sports and Tourism, acknowledged the "spectacular" development of tourism in Binh Dinh since 2014 and emphasized the potential of its natural landscapes and traditional culture, which are strengths for tourism development that are not found everywhere like Binh Dinh. To further develop, Mr. Tuan also suggested that Binh Dinh province needs to coordinate two key areas: "on the one hand, there must be strong commitments from the provincial leadership to attract large investors; on the other hand, it must build four solid pillars for tourism development: infrastructure, tourism products, basic services, and human resource training."

Responding to the feedback, Mr. Ho Quoc Dung, Chairman of the People's Committee of Binh Dinh Province, also affirmed the province's very favorable procedures for investors. "Currently, the investment licensing procedures in Binh Dinh are extremely transparent. For large projects, Binh Dinh provides investors with completely cleared land," Mr. Dung said.

Investing in high-quality tourism and developing resort real estate.

At the conference, Mr. Trinh Van Quyet, Chairman of the Board of Directors of FLC Group – considered a pioneer in investing in resort tourism in Binh Dinh – also delivered a speech from the perspective of investors. Commenting on the licensing process of Binh Dinh province for tourism development projects, Mr. Trinh Van Quyet acknowledged the promptness and efficiency of the provincial leaders and departments in granting permits for the FLC Quy Nhon project. “FLC Group has invested in many places, but nowhere have we received such enthusiastic support as in Binh Dinh,” Mr. Quyet added.

The Chairman of the Board of Directors of FLC Group affirmed that Binh Dinh is currently the province that provides the best support to investors among all the localities where FLC has invested.

The FLC Quy Nhon high-end golf course, resort, villa and entertainment complex project, being developed by FLC Group, covers an area of ​​350 hectares with an investment of 3,500 billion VND, located in Nhon Ly commune, home to the famous Eo Gió landmark. This complex includes resort villas and a 5-star hotel with nearly 900 rooms in total, an 18-hole golf course, an international convention center with 1,500 seats, a park, sports facilities, etc. When it opens in early July, it will be the first 5-star resort complex in Binh Dinh province.

FLC Quy Nhon is expected to be fully inaugurated in early July.

At the conference, many tourism experts also assessed that Binh Dinh is facing very favorable opportunities to develop the high-end tourism and resort tourism segment. Accompanying this segment are resort real estate and hotel projects in the "prime locations" of Quy Nhon. Regarding this issue, Mr. Nguyen Huu Tho, Chairman of the Vietnam Tourism Association, also stated that if the province attracts tourists, not only will businesses within the province develop, but land and real estate prices in Quy Nhon will certainly skyrocket. Thus, the investment and development of tourism in Quy Nhon now has a clear solution: the combination of support from Binh Dinh province and the bold investment of large investors.

Hopefully, with FLC Group as the leading investor, more major investors will pay attention to Binh Dinh thanks to its "open door" policy to attract tourism. From affordable resort real estate products like those at FLC Quy Nhon, the price of tourism real estate in Quy Nhon will increase even further in the future, developing in proportion to the inherent potential of this region known for its rich culture and martial arts.

The Thanh