The Thien Ma - Madagui horse and dog racing track project is being implemented in Da Huoai district ( Lam Dong ) with a total investment of 1,548 billion VND, and will have additional betting business.
Deputy Prime Minister Nguyen Hoa Binh has just signed a decision approving the investment policy for the Thien Ma - Madagui Horse and Dog Racing Course - Polo Club and Horse Performance Project in Da Huoai District (Lam Dong Province).
The Thien Ma - Madagui horse racing track, dog racing track, Polo club and horse show project is invested by Thien Ma - Madagui Horse Racing Joint Stock Company, with a total investment capital of 1,548 billion VND. (Photo: Project perspective)
One of the highlights of the project is the addition of horse and dog racing betting business targets.
However, the Deputy Prime Minister emphasized that the investor must complete the construction of the racetrack before considering granting a betting license.
Investors must ensure the completion of the contents of the betting business area during the process of applying for a certificate of eligibility for betting business. Investors are responsible for proposals related to the plan to organize betting business activities in accordance with the provisions of law; investment plan for technology systems, technical equipment, and business software to operate accurately, safely, and stably; ensure security and order in the project area; commitment to support the community... (Photo: Lam Dong Newspaper)
At the same time, the Deputy Prime Minister assigned the People's Committee of Lam Dong province to be responsible for the contents related to land, construction, location, approval of detailed construction planning 1/500 and zoning planning 1/2000 of the project, ensuring compliance with the orientation of spatial development, urban development and tourism development according to the planning and other relevant legal regulations in each period.
Previously in 2024, Lam Dong Provincial People's Committee allowed the conversion of the land use purpose of more than 6,500m2 of perennial crop land to commercial and service land to implement the above project. The land use term of the project is until September 5, 2056.
After the purpose is changed, the enterprise must pay annual rent for this commercial and service land area.
The project of Thien Ma - Madagui horse racing track, dog racing, Polo club and horse performance is one of 12 key projects that Lam Dong Provincial People's Committee awarded investment registration certificates at the Conference to announce the provincial planning for the period 2021 - 2030, with a vision to 2050.
Source: https://baolangson.vn/can-canh-noi-xay-dung-truong-dua-cho-dua-ngua-co-ca-cuoc-tai-lam-dong-5039032.html
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