VND290 billion for roads to Tuyen Lam Lake

The Central Highlands province of Lam Dong will spend VND290 billion opening two roads connecting Tuyen Lam Lake to Dalat City and to National Highway 20, aiming to attract investments and tourists into this tourist site.
Truong Van Thu, vice chairman of the province, said investments in infrastructure projects would help accelerate tourism investments in Tuyen Lam Lake that is currently two years behind the schedule, partly caused by the stagnant economy and credit tightening.
Tuyen Lam tourist area is now having 38 ongoing tourism projects, but only four of which have put some services into use and 30% of these projects have been 40-50% completed.
The province had withdrawn investment licenses of some long-delayed projects, including some big ones covering an area of up to 30 or 50 hectares, and would transfer the land to new potential investors, Thu said.
“In addition to investing in infrastructure projects, we will also tighten control over tourism project progress. Some 80% of current projects are committed to be completed in 2015.”
According to a decision on the planning of Tuyen Lam tourist area until 2010 and a vision towards 2020, this 2,800-hectare area will consist of many components such as a villa resort covering 150 hectares, a 550-hectare luxury resort, a 346-hectare complex of entertainment and meeting spaces, a 1,100-hectare eco-tourism resort and many other works.