Approval of investment policy for the super project of urban complex, tourism, and golf course in Khoai Chau

On May 15, 2025, Deputy Prime Minister Tran Hong Ha signed a decision approving the investment policy for the Khoai Chau Golf Course, Ecotourism and Urban Complex Project in Hung Yen. The Trump Organization is considering implementing the project.

Super project of over 990 hectares, investment capital of over 1.5 billion USD

The investment project of urban complex, resort, eco-tourism, sports and high-class golf course according to international standards is planned to be implemented on an area of over 990 hectares in the communes of Tu Dan, Tan Chau, Dong Ket, Dong Ninh, Dai Tap, Lien Khe, Chi Minh of Khoai Chau district, including the area inside the dike with an area of nearly 210 hectares, the area outside the dike with an area of over 780 hectares. The project will contribute to maximizing the potential and advantages of the area; gradually exploiting effectively the Red River tourism route connecting Hung Yen with Hanoi and the northern provinces.

Illustration of sub-area 2 and sub-area 4 — Illustration of sub-area 1 and sub-area 3

The project is divided into 4 sub-areas, including an ecological residential area associated with a high-class golf course, with an area of 387 hectares and a population of 3,500 people; an ecological residential area associated with an ecological golf course with an area of 220 hectares and a population of 1,800 people; a commercial and service urban area with an area of 181 hectares and a population of 29,700 people; a green area and a theme park of 99 hectares. The golf course is designed with 54 holes, including a 36-hole and 18-hole course, with an area of 241 hectares. In addition, there are nearly 7.3 hectares for developing social housing and investing in synchronous construction of infrastructure throughout the project.

Illustration of sub-area 1 and sub-area 3 — Illustration of sub-area 2 and sub-area 4

The total investment capital of the project is 39,787 billion VND (equivalent to 1.533 billion USD), including compensation and resettlement support costs of over 4,000 billion VND, and implementation costs of 35,700 billion VND. Implementation from the second quarter of 2025 to the second quarter of 2029, with an operating period of 50 years.

Trump Organization raises issue of project implementation

To implement the project, the Prime Minister assigned the People's Committee of Hung Yen province to be responsible for selecting investors in accordance with legal regulations, ensuring that investors of the project are selected correctly and sufficiently, and that specific mechanisms have been approved by competent authorities. At the same time, Hung Yen province must urgently adjust the Housing Development Program and the Housing Development Plan of Hung Yen province for the period 2021-2030. The project can only be invested when the adjustment of this program and plan is approved by the Provincial People's Council. At the same time, adjust the construction planning, land use planning, land use planning and other related planning and plans.

The selected investor is responsible for implementing the project in accordance with the provisions of law and this decision. Must ensure the capacity to implement the project on schedule; receive comments from the Ministry of Finance and coordinating agencies during the project implementation process. Coordinate the relocation of the 220 KV line through the project.

The project is being proposed for investment and implementation by a consortium of Hung Yen Investment and Development Group Joint Stock Company, a member of Kinh Bac Urban Development Corporation (KBC), and IDG Capital, a representative of Trump Group (USA).

Hoang Linh

Source: https://baohungyen.vn/chap-thuan-chu-truong-dau-tu-sieu-du-an-khu-phuc-hop-do-thi-du-lich-san-golf-khoai-chau-3181245.html