The central province of Binh Dinh has allowed two local enterprises to do a detailed planning for terminals and related works for a cable car system.
Vingroup will join forces with H.B.C Investment and Service Joint Stock Company to implement the cable car project. This system will be one kilometer long and connect Tan Cape in Quy Nhon City with Phuong Mai Peninsula.
According to a source from H.B.C, the construction of the cable car system would begin late this year if all procedures are completed. However, the investment cost has not been revealed as the project is still being studied.
The provincial government has asked the investors to consult scientists to evaluate environmental impacts, ensure the passage of ships to and from Quy Nhon Port and leave neighboring areas unaffected.
At an international conference on development of the Tan Cape tourist site in 2010, over 200 participants shared views on the project.
Participants at the conference said the planning of the Tan Cape tourist site should not only serve as a destination for local and foreign tourists but also tap tourism potentials on Phuong Mai Peninsula. According to the authority of the Nhon Hoi Economic Zone, Vingroup has got approval to replace Hai Giang Co. to construct the Hai Giang tourist site covering over 656 hectares in Nhon Hai Commune, Quy Nhon City. Having an estimated investment of over VND3 trillion, this project will be developed into an international standard resort like Vingroup’s Vinpearl in Khanh Hoa Province’s Nha Trang City.
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