In late 2007, the Vietnam Import-Export and Construction Corporation (Vinaconex) kicked started its project at the Cai Gia – Cat Ba – Hai Phong Tourism and Urban Area by developing the infrastructure for Tung Thu artificial beach.
Tran Ngoc Quang, Director of the Management Board, said the project covers an area of 171 ha within Ha Long Bay. It is estimated to cost $600mil and will take 8-10 years to be completed.
Speaking on Vinaconex’s ambitious plan, Mr. Quang said this will become the new tourism center in the North and give Cat Ba Island both regional and global recognition and fame.
Read more @ VietNamNet – Coastal tourism taking off.