Da Nang proposes US$2 billion horse-racing track, golf course

The government of Danang is seeking approval from the local council to develop a horse-racing track and a hotel and golf course complex, worth nearly US$2 billion, to attract more tourists to the region and improve the city’s development.

Da Nang proposes US$2 billion horse-racing track, golf course

Horse racing without saddles is held on the pink grass hill near Dankia-Suoi Vang Lake for the K’Ho ethnic people living at the foot of the Langbiang mountain in Dalat City in 2017 – PHOTO: VNA

In a recent proposal, the city’s chairman, Huynh Duc Tho, suggested the municipal People’s Council add two projects to a revised master plan on the socioeconomic development of the city until 2020 with a vision toward 2030.

As part of the horse-racing project, worth US$200 million, a stud farm will cover more than 93 hectares in the commune of Hoa Ninh, while a 42-hectare racetrack will be located in Hoa Hiep Bac Ward of Lien Chieu District. The project will allow betting on horse races.

The project will also offer the sale of broadcasting rights to local and international media partners.

Meanwhile, the 497-hectare hotel and golf course complex will be situated in the communes of Hoa Phong and Hoa Phu. It will comprise a 36-hole golf course and a complex of some 2,000 hotel rooms, 410 tourist villas, an ecotourism park and other entertainment facilities.

The project requires a total investment of more than US$1.7 billion. Construction work is set to begin this year and be completed by 2028.

 

City chairman Tho was quoted by Thanh Nien newspaper as saying that despite the availability of luxury tourism products, these products have not been diversified, especially for services aimed at international tourists.

He added that the city government is paying special attention to golf tourism. Also, an equestrian club will be set up, serving as a tourism product, to bolster local socioeconomic development.

Between January and October this year, the number of tourist arrivals to the city rose by 24% from a year earlier to some five million, and 60% of them were foreigners, according to Danang’s tourism department. SGT

Hanoi horse racecourse scheduled to open next year

Hanoi horse racecourse scheduled to open next year

A USD420 million racetrack complex in Hanoi’s the outlying district of Soc Son is set to open next year.

First horse racing course licensed in Vietnam

First horse racing course licensed in Vietnam

Chairman of the Hanoi municipal People’s Committee Nguyen Duc Chung, empowered by the Prime Minister, presented an investment license to a multifunctional entertainment complex with a horse racing course in Soc Son district yesterday.

 
 

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