Vietnam's Plans For A $4.2 Billion Resort
Filed under: Journeys, Real Estate Developments
Vietnam wants your tourism dollars and is going after them with a bit of Vegas-style. Las Vegas architectural firm, Steelman Partners is behind the plans for the $4.2 billion Ho Tram Strip, which will be Vietnam's largest single tourism venture. The resort will be built on the white sand beaches of Ba Ria - Vung Tau Province, in southern Vietnam. Phase 1 of the project calls for a five-star hotel resort with 1,100 rooms, a championship golf course designed by Greg Norman, and Vietnam's first Las Vegas-style casino. The second phase will include an additional resort, another casino and more restaurants and nightclubs. When the Ho Tram Strip is complete there will be five resorts and a conference center. The first phase is scheduled to open in late 2010 and the entire complex is scheduled to be completed in under 10 years.
