14:43 (GMT +7) - Tuesday 25/09/2018

Property

Novaland to build hospitality projects in Can Tho

Released at: 17:58, 14/08/2018

Novaland to build hospitality projects in Can Tho

Azerai resort in Can Tho (Photo: Novaland)

Developer's projects aimed at sustainable development in Mekong Delta's tourism sector.

by Khanh Chi

The Novaland Group recently signed a memorandum of understanding (MoU) on cooperation with the Can Tho City People’s Committee in new hospitality projects, as part of the company’s activities towards sustainable development in the Mekong Delta’s tourism sector. 

The signing ceremony was held on August 10 within the framework of the “Can Tho City Investment Promotion 2018” conference, attended by the Prime Minister and government and local leaders.

With the theme “Sharing Potential for Mutual Development”, the conference attracted about 500 attendees, leaders from the government and major cities throughout the country and provinces in the Mekong Delta region, as well as international organizations such as the World Bank and the Trade Promotion Organizations of Japan and South Korea, and focused on a range of matters, including the development of culture and sports, infrastructure, tourism, and real estate.

“To promote the 13 provinces in the Mekong Delta and Can Tho city as a miracle destination, cooperation between all economic sectors to create attractive and international-standard destinations is essential” said Mr. Bui Xuan Huy, CEO of the Novaland Group. “We have been negotiating to bring international management brands to Can Tho city, such as Marriott, Wyndham, Novotel, Banyan Tree, and so on.” 

“Novaland is collaborating with the Boston Consulting Group (BCG) and leaders of Mekong Delta provinces to identify suitable tourism models and then upgrading to international standards while still protecting the environment and preserving the river culture.”

Together with the city’s people’s committee, Novaland will jointly survey, study and collect information and data for the implementation of specific projects such as the 3.5-ha Can Tho General Port (Passenger-Cargo-Tourism) at the old Hau Giang Ferry Terminal in Ninh Kieu district and the 74.4-ha Son Islet tourism area in Binh Thuy district. 

In March, Can Tho city, Novaland, BCG, and Military Bank signed a strategic cooperation agreement on implementing the “Developing the Mekong Delta’s Tourism Sector towards Climate Change Adaptation” project.

Novaland began Phase 2 of its business strategy this year: the development of hospitality projects. It recently opened its first luxury resort, Azerai Can Tho - the first international-class project in the Mekong Delta.

It will also develop other hospitality projects in other major cities with great tourism potential. 

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