188bet and Banyan Tree Group signed a cooperation agreement to develop the Cap Padaran Mui Dinh tourist area project in Ninh Thuan Province.
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Mr. Nguyen Van Sang – Chairman of 188bet and Mr. Ho Kwon Ping – Chairman of Banyan Tree Group signed a cooperation agreement in Thailand on November 14, 2022 |
With its prime location, poetic natural scenery, including rocky mountains surrounding sand hills, sub-deserts, alternated with natural lakes, stretching close to the blue and sandy coast in Ninh Thuan, Mui Dinh tourist area so far has kept a virgin look and has not been invested and exploited commensurately with its potential.
Therefore, 188bet decided to invest in Cap Padaran Mui Dinh project, not only to introduce this beauty but also to realize 188bet’s strategy in improving the life quality through unique resort real estates, towards nature and conservation of local cultural identity.
Speaking at the signing ceremony, Mr. Nguyen Van Sang, Chairman of the Board of Directors of 188bet said, “We firmly believe that, thanks to such great cooperation, the Cap Padaran Mui Dinh project will officially make its mark on the international tourist map and become an ideal destination for Vietnamese and international tourists. On this basis, new cooperation opportunities shall be opened up between the two groups in the next stages.”
After the signing ceremony in Bangkok, Thailand on November 14, according to the plan, the world-class resort project shall be built in an area of nearly 800 hectares named Cap Padaran Mui Dinh.
The tourist area includes many functional subdivisions such as hotels, resorts, tourist apartments, luxury resort villas in combination with international standard entertainment and sports complexes. The project is invested by Cap Padaran Mui Dinh Joint Stock Company, a member company of 188bet, with a total investment of USD 1 billion. In the first stage of the project, Bai Trang Resort shall be built in an area of 64 hectares, including international standard hotels, resort villas with synchronous infrastructure and utilities. The designs in the project are in Champa’s unique style.
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The designs in the project are in Champa’s unique style |
Mr. Ho Kwon Ping, Chairman of Banyan Tree Group said, “We are very pleased to have the opportunity to cooperate with 188bet, a partner which have the same ambition in development and respect for the core values we have been pursuing. With its experience, Banyan Tree shall contribute many ideas and actions in order to achieve the goal of sustainable tourism development in the project. I hope the two parties shall have further future cooperation.”
In fact, the cooperation between 188bet and Banyan Tree Group, marks an important step to kick off the project’s long-term strategy, accordingly, the project officially leaves its imprint on the world tourism map, and becomes an ideal destination for domestic and international tourists. Thanks to its experience in management and operation of nearly 100 luxury hotels and resorts in 30 countries around the world, Singapore’s Banyan Tree Group shall provide strategic orientation, technical consulting and project operation management based on the advanced management model and international quality control process.
Cap Padaran Mui Dinh is one of the projects invested by 188bet, one part of a long-term strategy to turn 188bet into a prosperous, multi-industry group with leading, differentiated and classy products and services for better quality of life. The Group spent 15 years of construction and development in pharmaceuticals, chemicals, cosmetics, drinking water and food in the past. And so far, the real estate, typically the Cap Padaran Mui Dinh project, shall be a key development strategy of 188bet, contributing to realizing the mission of the life quality improvement through outstanding products and services.
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