Increased investment capital for Ba Na - Suoi Mo tourist complex to 2 billion USD

Deputy Prime Minister Tran Hong Ha has just signed and issued Decision No. 946/QD-TTg dated May 16, 2025, approving the investment policy to adjust the Ba Na - Suoi Mo Eco-tourism and Urban Area complex project.

The total investment capital of the Ba Na - Suoi Mo Eco-tourism and Urban Area complex project has been approved by the Government to increase to nearly VND52,000 billion, equivalent to about USD2 billion.

The project will include commercial, tourism, service facilities, more than 7,000 hotel rooms, entertainment facilities, 2 additional cable lines, bringing the total number of cable car lines to 10, station systems, technical infrastructure, social infrastructure and other auxiliary works...

The adjustment does not change the previously approved project boundaries, but adjusts the items and functional areas to ensure suitability and efficiency in exploitation and operation to serve tourism development.

The objective of the Ba Na - Suoi Mo Eco-tourism and Urban Area Complex project is to invest in the complete and synchronous construction of technical infrastructure, social infrastructure, commercial, tourism, service, accommodation, entertainment and other types of works.

The Government approved the policy of adjusting the project of the Ba Na - Suoi Mo Eco-tourism and Urban Area complex.

Thereby turning this area into a top-quality, classy entertainment, resort, living and working destination in Vietnam, meeting the diverse needs of tourists and residents.

Sun World Ba Na Hills has become an international-class amusement park complex, becoming a tourist symbol of Da Nang city.

This tourist area has been awarded the title "Asia's Leading Theme Park" by the World Travel Awards (WTA) for four consecutive years. In 2020-2021, it was honored by WTA as "World's Leading Iconic Tourist Attraction" and "World's Leading Iconic Tourist Bridge" for the Golden Bridge.

According to statistics, out of 10 international visitors to Da Nang, 7 come to experience Ba Na Hills.

Sun World Ba Na Hills has become a famous tourist area of ​​Da Nang.

Entering a new development period, Da Nang City aims to “become a large, ecological, smart, unique, sustainable, international-standard urban area; an international tourism center, high-tech industry, information technology; a regional-scale international financial center and a livable coastal city of Asian class…

According to the plan, by 2030, Da Nang aims for economic growth of 9.5-10%/year and strives to reach 12%/year. Of which, the service industry structure is about 61-62%; total number of guests served by accommodation establishments increases by 17.5-18%/year; revenue from accommodation, food and beverage, and travel increases by 12.5-13%/year...

The adjustment of the Ba Na - Suoi Mo Eco-tourism and Urban Area project aims to gradually concretize the tourism development orientations of Da Nang City.

The planning of Da Nang city for the period 2021 - 2030, with a vision to 2050, has identified tourism associated with resort real estate, international event centers and cultural factors, creating uniqueness, difference, and adding added value to the "Tourism" pillar, one of the three economic pillars of Da Nang city.

Phase 2 of the Ba Na - Suoi Mo Urban and Eco-Tourism Complex project is 10 years from the date of investment policy approval.

The approval of the policy to adjust the Ba Na - Suoi Mo Eco-tourism and Urban Area Complex project demonstrates the determination of the Government, ministries, branches and localities in socio-economic development, improving the quality of life, promoting tourism, creating a new highlight for Da Nang City in particular and the Central region in general, contributing significantly to sustainable development, bringing many practical benefits to the community, people and the country's economy in the new era.

Source: https://baodautu.vn/tang-von-dau-tu-quan-the-khu-du-lich-ba-na---suoi-mo-len-2-ty-usd-d285840.html