Construction has begun on a luxury resort in the coastal town of Cua Lo in central Nghe An province.

The 132.7 ha resort, considered a key component of the province’s socio-economic development plan till 2010, is to be funded from the provincial budget to the tune of US$95.4 million. During the first phase of construction to run from May 2007 to April 2009, an 18-hole golf course, 120 luxury villas, tennis courts and swimming pools will be built.

Construction of a five-star hotel, coastal entertainment areas and an additional 164 luxury villas will be completed by April 2010.