Quang Binh approves investment policy for Diamond Resort Hotel and Villas

The project has an expected land use scale of 0.33 hectares with a 3-storey hotel complex with 50 rooms and 6 villas, with a total investment of 68 billion VND.

The People's Committee of Quang Binh province announced that it has just approved the investment policy of the Diamond Hotel and Resort Villa project in Quang Phu commune, Dong Hoi city.

The project is implemented in Quang Phu commune, Dong Hoi city, Quang Binh. The project's objective is to build a complex of 4-star hotels and resort villas to attract and serve domestic and foreign tourists , contributing to increasing local budget revenue, in line with the general planning development orientation of the whole province.

Diamond resort hotel and villa area will be invested to meet 4-star resort standards. Photo: Ngoc Tan

The project has an estimated land area of ​​0.33 hectares with main investment items including: 3-storey hotel complex with 50 rooms and 6 villas, swimming pool. Technical infrastructure system, the area outside the construction boundary with a maximum construction density of 60%, maximum building height of 3 floors...

The total investment of the project is 68 billion VND, of which the investor's capital contribution is at least 20%.

Regarding progress, the project will complete the auction of land use rights and select investors within 12 months from the date of the decision approving the investment policy. And complete and put into use within 36 months from the date of completion of investor selection procedures, including the time to prepare basic construction investment procedures and construction time.

According to the Standing Vice Chairman of the Quang Binh Provincial People's Committee, Doan Ngoc Lam, this project will select investors through the land use rights auction method according to land regulations. The selected investor will have to make a deposit to ensure the implementation of the investment project within 6 months from the date of winning the land use rights auction.

“In case the investor fails to fulfill the obligation to ensure the implementation of the investment project, the project will be subject to termination of operation according to relevant provisions of the Investment Law 2020,” Vice Chairman Doan Ngoc Lam emphasized.

In addition to approving the project investment policy, the People's Committee of Quang Binh province also assigned the Department of Agriculture and Environment to direct the Land Fund Development Center to complete the auction procedures within the prescribed time limit. Land allocation and lease procedures will only be carried out when the investor meets the conditions prescribed in Article 122 of the 2024 Land Law, as well as complies with the investment policy content approved by the province.

Source: https://baodautu.vn/quang-binh-chap-thuan-chu-truong-dau-tu-khu-khach-san-biet-thu-nghi-duong-diamond-d254754.html