The People’s Committee of Kien Giang Province has approved a project on building a cable car system linking An Thoi Town and Hon Thom Isle on Phu Quoc Island, a district of the province.
The project including a 7-km long cable car system and a hotel and entertainment complex will be invested at a total cost of VND10, 000 billion (US$458.4 million) by the SunGroup.
The first phase of the project worth VND4, 900 billion (US$225 million) will be completed by 2017.
Hon Thom is an archipelago off the southern coast of Phu Quoc Island, consisting of 18 isles.
Hon Thom is considered as the pearl of Phu Quoc and famous for its beautiful beaches, a best place for fishing, diving and watching coral.
Phu Quoc District has attracted more than 164 projects worth VND168, 931 billion (US$7.7 billion).
SGGP