Wednesday, 04/11/2009 07:32

Mountain resorts – There’s gold in them there hills

Land in mountainous areas has become “golden” with developers looking to higher ground for higher profits.

Research shows people in Vietnam are no longer take only one or two holidays a year. Instead people are starting to look to nearby resorts where they can go at weekends to relax.

In particular the area west of Hanoi western – in particular  Ba Vi district in Hanoi and Luong Son town in Hoa Binh province.

Tourism sites already being implemented include Top Hills, ecological villas in Luong Son town, Queen Villas in Ba Vi district, Tan Viet Resort Project in Ba Vi, Lam Son Resort in Luong Son town as well as a high grade housing area invested by Petrowaco.

The implementation of transport infrastructure projects in the area, including Lang - Hoa Lac highway has made the areas become more attractive.  The roads also help connect Hoa Lac High Tech Zone, Phu Cat High Tech Zone, Tien Xuan new urban area, Long Son 54 hole golf course, Hoa Binh Minorities’ culture village.

Dinh Ba Diep, project director of Petrowaco said the ecological resort market has always been stable, despite the gloomy real estate market due to the economic downturn.

Diep says Hanoi’s major players are hunting for land and villas in the areas. Prices remain comparatively cheap from several hundred thousand dong to two million dong per square metre.

Petrowaco has been quick to gain the right to implement the project on high grade housing complex on the shores of the Dong Chanh Lake in Luong Son town in Hoa Binh province. The project covers an area of 60 hectares which will include hotels, apartments for lease, trade centre, healthcare centre, entertainment park, bar and restaurant, boat tourism and sports complex.

vietnamnet, vneconomy

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