VietNamNet Bridge – From a little-known region, the southern part of Phu Quoc, Vietnam’s largest island, is becoming a „hot spot“ for investment. With wonderful beauty, this place is forecasted to be the centre of Phu Quoc, an international resort island, in the near future.
It is hard to imagine the fast changes of southern Phu Quoc Island after one year. New immense and quiet roads are there. Beautiful beaches are clean and clear, without any temporary stalls. The environment is much better than before. Many new regional being built resorts are bringing a completely new appearance for this land, where great potential was untapped.
The image of a tourist center with resorts, recreation parks… is being realized by investors who are accelerating their projects in this area.
The biggest investor in the region is the Sun Group, with a complex of projects worth tens of thousands billion VND. According to Sun Group, just two years after launching its projects here, its first work JW Marriott Emerald Bay Resort & Spa at Bai Khem (Khem Beach) will be inaugurated and put into use this September.
Designed by the world’s leading architect Bill Bensley, who was dubbed the ‚King of resorts’, and previously designed other outstanding resorts for Sun Group like InterContinental Danang Sun Penninsula Resort, JW Marriott Emerald Bay Resort & Spa is promised to become the foundation for this tourist paradise in the very near future.
Sun Group is speeding up other resort projects such as: Premier Village Phu Quoc Resort- one of the few resort paradises in the world with two sea facades at Ong Doi Cape. The first villas of the Premier Village Phu Quoc Resort is expected to be officially completed in July 2016.
Also in July 2016, the first apartments of the Condotel Premier Phu Quoc Emerald Bay project in Bai Khem will be available. The groundbreaking projects of the Sun Group will provide thousands of international standard rooms to attract tourists to the southern of Phu Quoc.
With its experience in implementing resort-amusement complexes in many provinces and cities in Vietnam, Sun Group is pursuing its investment strategy on Phu Quoc Island with the cable car system and the Hon Thom marine amusement park. This project has a total investment of VND4,900 billion in phase 1.
Launched in September 2015, the cable car system is expected to open for tourists on April 30th 2017. With the solid tripod that includes development of transport infrastructure, resorts and hotels and amusement parks, Sun Group’s projects complex will create a major lever for the development of tourism in southern Phu Quoc island, making it a magnet for visitors in the near future.
While investors are accelerating their huge projects on Phu Quoc, tourists keep flocking to this island.
Mr. Huynh Quang Hung, Vice Chairman of Phu Quoc Island People’s Committee, said that in the first 5 months of 2016, the island served 524,000 tourists, an increase of nearly 52% over the same period last year, generating sales of VND5,819 billion for the island.
Hung anticipated that the number of travelers to the island will continue to increase steadily as a series of resort and hotel projects are completed. „Resort-amusement complexes will be the focal point of tourism on Phu Quoc Island,“ Hung said.
The fast growth of visitors to Phu Quoc also urges a change of transport infrastructure on the island. As reported by the Airports Corporation of Vietnam (ACV), the average seat occupancy of flights percentage to Phu Quoc is 90 percent and all flights to the island of Vietnam Airlines, VietJetAir, and Jetstar are almost full. Therefore, the ACV planned to expand the terminal of Phu Quoc Airport with a total capital of VND1,000 billion.
Also thanks to improved infrastructure, fast-growth of visitors and the great potential of the Pearl Island, Phu Quoc is now the destination of domestic and foreign investors.
According to Savills, in the first quarter of 2016, 1,700 villas and apartments on Phu Quoc were offered for sale and 65% of the villas and 35% of the apartments were sold.
Prestigious travel firms and travel magazines and websites have recently voted Phu Quoc as one of the 15 most potential destinations in the world, one of the 10 best honeymoon destinations in the world….
Phu Quoc, especially its southern region, with fascinating beauty and the coming of many new resorts and amusement parks, will make a break-through to become a new tourist paradise in the region.