The Quang Nam Province People’s Committee issued a license to US developer Tano Capital, LLC and Global C&C for its US$4.15 billion Dragon Beach tourism and entertainment complex on October 1.
|Hoi An is one of the two world heritage sites in Quang Nam Province.|
The 400-hectare complex will come up in Dien Ban District and have hotels, resorts, an international conference center with a capacity of 10,000, entertainment facilities, offices, apartments, and villas.
It will be the biggest foreign direct investment project in the central region.
The central province is a popular tourist destination with two world heritage sites, Hoi An town and the My Son sanctuary built by the ancient Cham people.
Around 1.7 million people have visited the province this year, up 21.8 percent year on year, including 920,000 foreigners.