Why is Phu Quoc an attractive tourist and investment destination in Asia?

Phu Quoc is gradually becoming one of the most famous and worthwhile tourist destinations in Asia. And the following six reasons will explain why this island can attract the attention of tourists and investors around the world.

1 - Phu Quoc owns the most beautiful beaches on the planet

Phu Quoc has a 150km long coastline with many beautiful beaches stretching from the north to the south. With harmonious natural landscapes, Phu Quoc is selected by CNN as one of the 20 most pristine beaches in Asia.

Phu Quoc predicts that it will become "the next Phuket" and moreover, Ngoc island will bring many benefits to Vietnam's tourism as well as resort tourism investors..

2 - Phu Quoc has strong traffic and infrastructure

In preparation for welcoming a large number of tourists, transportation and infrastructure in Phu Quoc are being invested and developed strongly. It is expected that by 2020, the transport system connecting the tourist sites in the mainland and on the basic island will be completed. Passenger transport routes are increased.

And air routes with frequency of 40-60 trips / day, connecting Phu Quoc with other provinces in the country and surrounding areas, creating conditions for visitors to visit and take a full vacation.

Moreover, Duong Dong Phu Quoc International Seaport, which is about to come into operation, will be a trading place and a place to welcome thousands of tourists each trip.

Besides, about 21,200 rooms will be built and upgraded, contributing to attract 650 - 700 thousand international visitors and 8.4 million domestic tourists, boosting tourism revenue reaching 19.4 trillion VND. VND and contribute 10% of the country's GDP.

3 - Phu Quoc is interested in developing investment with the policy of the state

According to the socio-economic development master plan projects in Kien Giang province, Phu Quoc is directed to become an economic zone - administrative by the end of 2020. In the future, this island will play the role of high-class ecotourism, resort and entertainment center; is a regional financial center, an important focal point for regional and international transport ...

With the advantages available, Phu Quoc has many preferential policies from the local government and the state, contributing to boosting the strong investment capital of domestic and foreign enterprises.

According to the Phu Quoc Economic Zone Management Board, by the middle of June 2018, 279 investment projects with an area of 10,754 hectares have been attracted to Phu Quoc island. In particular, 249 projects were granted investment registration certificates, decided investment policies, total area of more than 9,000 hectares, total registered investment capital of nearly VND 270,500 billion, the remaining 30 projects are completed. investment registration procedures, accounting for 80% of Kien Giang tourism investment project.

4 - Resort populations model integrates many priority utilities

Phu Quoc intends to be planned with nearly 4,000 hectares dedicated to tourism development, 3,000 hectares of which will build eco-tourism, mixed tourism areas will account for more than 800 hectares and not including 1,200 hectares for specifically for investment in tourism, service and residential complexes.

Besides resort populations located along the coast, the system of unspoiled islands, old forests, historical and cultural relics and amusement parks is arranged scientifically; gives travelers many conveniences to optimize their experiences on this island.

5 - Phu Quoc Casino will attract a lot of international visitors

Casino project belongs to the Phu Quoc Corona Resort & Casino tourist resort complex in Bai Dai, Phu Quoc, promises to be "interesting unknown" to attract the attention of international visitors. Many economies in the world grow strongly after combining Casino in tourist and resort populations.

Typically, Singapore, within 4 years since the resort - casino complex was put into operation in 2010, tourism revenue in the island nation has increased by 25%.

The fact that Phu Quoc has become a pioneer in building this model promises to boost the growth in annual tourism revenue of Vietnam.

6 - Phu Quoc has great potential for developing resort real estate

Phu Quoc with favorable conditions has attracted a large number of domestic and foreign tourists. The growth in tourists will lead to the development of resort real estate.

Expanding the Casino market in Vietnam in general and Phu Quoc in particular will bring greater opportunities to attract tourists.

According to Crystal Bay's Tourism and Real Estate Market Report (July 2018), Vietnam is one of the countries with the fastest growth in tourism in the world, the index of tourism competitiveness and Travel has increased by 8 ranks.

Also according to this report, in 2017, the number of tourists to Phu Quoc increased by 52%. Data from Kien Giang Tourism Department, the first 11 months of 2018, the number of tourists to Phu Quoc increased by 38%, the number of international visitors reached nearly 500,000, an increase of 72%.

When Phu Quoc Casino comes into operation, the amount of upstream tourists will increase dramatically, accompanied by higher requirements on the basis and quality of accommodation. In fact, the amount of luxury hotel rooms in Phu Quoc is quite modest, with nearly 7,000 hotel rooms, apartments and villas of 4-5 stars. Compared to nearly 100,000 in Phuket (Thailand), and about 65,000 in Bali (Indonesia), we can see great potential when investing in resort real estate in Phu Quoc.

One of the outstanding projects at this time is Vinpearl Phu Quoc of Vingroup. This resort complex is a blend of traditional and modern features with close Asian architecture combined with many 5-star amenities such as sea villas, golf courses, entertainment areas and parks. Wild animal survival.

And coming here, Vingroup is about to introduce a new adjacent casino project in this area. Just attracting from the casino, both hot thanks to strong internal forces when owning new types of products such as: Shophouse, Minihotel ... when launched, the project promises to become the focal point of the resort real estate market in 2019 attract special attention of investors.

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