Phu Yen offers favourable conditions to attract tourism investors

Phu Yen is rolling out the red carpet to attract investors into tourism

Phu Yen’s People's Committee has hosted a meeting with three big tourism and hospitality groups – including Sao Mai, Accor Hotels, and R&H – on improving investment in high-end leisure tourism development in the province.

Leading the meeting, Chairman of the People's Committee Tran Huu The committed to providing the most favourable conditions for investors to develop their activities in Vietnam and Phu Yen province.

At the meeting, representatives of all entrepreneurs have introduced their operation and development plans. They also shared their experiences, strong points, and economic potential in building, operating, and developing high-end tourism projects in Vietnam and across the world.

Chairman of Sao Mai Group Pham Van Dao shared his appreciation for the support from Phu Yen's provincial authorities. He hoped that all related officials would continue to create a clear corridor for entrepreneurs, resolving all obstacles and difficulties to speed up project implementation and construction works. When such tourism and hospitality projects come into operation, Phu Yen will become a hotspot for high-spending domestic and international tourists.

Currently, Sao Mai Group is cooperating on investment in three big projects in Phu Yen province, including Sao Mai Hung Dung Phu Yen, Viet My A&V Resort, and Green Energy Tourism Urban Area. Investors are working with related authorities to finalise legal documents and bring the projects into reality.

The Chairman of Phu Yen People’s Committee stated that the local authorities are rolling out the red carpet to attract large-scale tourism projects and warmly welcome all prestigious investors to invest in the province. The Chairman directed related departments and agencies to cooperate with investors to fulfill all legal documents and help speed up construction and soon put projects into operation.

Furthermore, he also noted that investors and entrepreneurs should work closer with related authorities to exchange information and update obstacles to solve all problems during the implementation of projects. “We target to create the most favourable conditions to all invetors investing in Phu Yen province,” said Tran Huu The.

In fact, Phu Yen is home to a 189km coastline, with winding, romantic sections dotting its entire length. The special terrain with the sea and mountains adjoining each other features many gulfs, caves, and lagoons of picturesque beauty such as Cu Mong and O Loan paired with authentic local cuisine. Along with its natural endowments, with a string of resort projects in the pipeline, Phu Yen province aims to leapfrog in tourism development, but adopting a new approach is a must to turn the potential into reality.