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API invests in the “second Sa Pa” resort city with a scale of 4,000 hectares in Mu La plateau, province Bac Kan
Possessing rich tourism potential, Bac Kan tourism has remained stagnant for many years. Along with efforts to invest in infrastructure to break down traffic congestion and focus on attracting investment in the province, the investment by APEC Group in a mega resort city in Mu La Plateau will open up new opportunities for investment. new development association, helping tourism and economy of Bac Kan really take off.
Located in the inland center of the Northeastern region of the North, Bac Kan possesses the culture of 7 mountainous ethnic groups imbued with their identity and many scenic spots, historical relics and historical sites. history. Despite possessing great potential, Bac Kan tourism is still slow to develop, mainly because tourism infrastructure has not been adequately invested, making investors hesitate to invest in this land.
Blind Plateau Spring is coming.
Perception With this in mind, over the past time, Bac Kan has promoted to attract investment in the development of transport infrastructure, in which the development of traffic in service of tourism must be consistent with the provincial planning. Bac Kan prioritizes allocating resources for planning the construction of key tourist resorts in line with the provincial planning for the period 2021-2030, with a vision to 2050, as a basis for investment in building an infrastructure system. technical floors and attract investment in tourism development. In addition, the province focuses resources, mobilizes and integrates investment capital sources of the State for programs and projects to realize tourism development goals, especially transport infrastructure such as opening new, improving create and upgrade roads with inter-regional and inter-provincial connectivity Kan. On November 30, 2021, Chairman of Bac Kan Provincial People’s Committee approved Document No. 8077/UBND – GTCNXD on approval for Asia Pacific Investment JSC (API) sponsoring the planning to invest in building an urban area of cultural tourism and resort in Mu La plateau in Co Linh commune, Pac Nam district, on a total area of 4,000. ha.
Terrace fields on Mu La plateau.
Mu La is a large plateau with beautiful, wild, magnificent natural scenery, fresh air. The average temperature in the summer here is only about 30°C, which is ideal for a vacation to avoid the heat. The cascading terraced fields in Mu La bring out the vitality of the sowing season or are as beautiful as the golden stairs in the ripe rice season, creating a beautiful natural picture, an ideal destination for tourists, especially are outdoor picnic groups and people who love to explore nature.
Representative of API said: “Through surveying the natural landscape and experiencing the cultural identities of the local ethnic village communities in the Mu La plateau, we found that In the fresh air, the landscape of Mu La is as beautiful as ancient Sapa. This is an excellent condition for the development of a resort tourism megacity. It is expected that with an area of 4,000 hectares, we will develop in Mu La from 10,000-15,000 rooms of 5-star hotel and resort villas, entertainment areas imbued with national cultural identity and bring the vision to life. international. With creative thinking, preserving local cultural identity, preserving natural heritages, API will create the Mu La plateau to become the “second Sapa” of Vietnam, with the goal of welcoming 10-20 million high-class tourists per year.
A corner of Mu La Spring Festival – Photo Van La
Mr. Nguyen Dang Binh – Chairman of Bac Kan Provincial People’s Committee expressed his support and the province will create all favorable conditions for large strategic investors such as API. This is a key project of Bac Kan province, leaders of the Provincial People’s Committee will direct departments, agencies and localities to support investors to the maximum in terms of time for research and implementation in accordance with current regulations so that the projects can be completed. project will soon come into operation.
It is expected that the project will complete all legal procedures in 2022 and be implemented in phases. In 2025 when the project is put into operation and use, Mu La Apec will bring tourism revenue of trillions of billions/year for Bac Kan, create thousands of jobs for local people, promote tourism and contribute to making Bac Kan an attractive tourist destination of Vietnam and Asia.
In the real estate market, Asia-Pacific Investment JSC (HNX
: API) is a reputable enterprise with many big projects. Accumulated 11 months of 2021, API recorded a revenue of 907 billion dong, pre-tax profit reached 193 billion VND, nearly 3 times higher than the same period last year. Comments from experts at APEC Securities JSC (HNX: APS), stock API is forecasted to increase strongly in the near future after short-term accumulation. EPS 2021 is forecast at 4,500 VND/share.
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