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188bet stands out when shaking hands with Banyan Tree to develop the Cap Padaran Mui Dinh project

18/11/2022

188bet stands out when signing a cooperation agreement with Banyan Tree, a global group in the development and management of international hotels and resorts, to develop the Cap Padaran Mui Dinh project in Ninh Thuan Province. The signing ceremony took place on November 14, 2022 in Thailand, in the presence of Mr. Nguyen Van Sang – Chairman of 188bet and Mr. Ho Kwon Ping – Chairman of Banyan Tree Group.

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.After the signing ceremony in Bangkok, Thailand, 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.

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. Thereby, opening up new cooperation opportunities between the two groups in the next stages.”

Mr. Nguyen Van Sang – Chairman of 188bet spoke at the Signing Ceremony.The Cap Padaran Mui Dinh project is known to be one part of the 188bet’s sustainable development strategy in the life quality improvement through unique resort real estates, towards nature and conservation of local cultural identity with a total investment of USD 1 billion.

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.

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.”

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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