Golden Horse (South Korea) is preparing to soon be able to deploy the $500 million horse racing project in Bac Ninh.
At the recent meeting between Mr. Choi Hak Soo, Managing Director of Golden Horse Korea and Mr. Nguyen Tu Quynh, Chairman of the Provincial People's Committee on the $500 million horse racing project, the Korean director informed, the company is actively mobilizing capital, speed up the implementation progress, complete the project proposal file to submit to the Prime Minister for investment policy. It is expected that in early December 2017, the company will set up representative office in Bac Ninh.
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Golden Horse is a project approved by the People's Committee of Bac Ninh province to invest in and sign a Memorandum of Understanding (MOU) for research implementation from the end of April 2017. This is a project to build a horse racecourse, entertainment complex, convalescence center and commodity circulation center in Thuan Thanh district, Bac Ninh province with a total area of 400 hectares with a total investment of $ 500 million. It will attract 5,000 to 10,000 workers.
Also at the meeting, Chairman of the provincial People's Committee Nguyen Tu Quynh said that Bac Ninh has already reported to the Prime Minister about the project and has invested in adjacent transport infrastructure. On the provincial side, it is recommended that enterprises implement the project soon. There will be many advantages in site clearance, investment benefits ... The Department of Planning and Investment will continue to guide and facilitate maximum development of enterprises. project implementation.
Besides Golden Horse, there are quite a lot of Korean investors who want to open a horse racecourse in Vietnam. Typically GOMAX I & D with $ 1.5 billion racing project in Vinh Phuc.
(Source: baodautu.vn)
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