Lam Dong Province Seeking FDI for Tourism Complex

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Sept. 30 – Lam Dong Province in central Vietnam is seeking local and foreign investors to support a 1,000 hectare tourism complex.

Local authorities are offering 24 projects for investment amounting to a total of US$1.87 billion. The majority of those projects will involve huge investments in the trade and tourism sectors.

Lam Dong Province in Tay Nguyen region is famous for its mountain resort capital, Dalat, with its cooler climate and scenic views. It is about 300 kilometers from Ho Chi Minh City and 200 kilometers from Nha Trang.

The province is a favorite vacation spot for locals and has 673 tourist lodges equipped with 11,000 rooms in addition to 85 hotels and 22 tourist companies.