Sun Group’s Van Don IR planned for Quang Ninh province on Vietnam’s northern coast is expected to be completed in 2025, according to local media reports.
Covering about 2,000 hectares, the project is to encompass hotels, resorts, villas, resort apartments, commercial centers, a horse racing facility, an 18-hole golf course, and a casino. The total investment is expected to come in at about VND42tr (US$1.8bn).
Sun Group, established in Ukraine in 1998, is currently operating in four areas: resort tourism, entertainment, high-end real estate and infrastructure investment. Along with its 51 member companies, it has developed more than 100 projects with a total investment of VND137,000bn.
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