According to Vietstock, a rice sales company with a capital of 20 billion plans to build a 900 billion resort project in Da Lat.


A company selling rice with a capital of 20 billion plans to build a 900 billion resort project in Dalat

Vietstock – A 20 billion rice sales company plans to build a 900 billion resort project in Dalat

Magic Life Company recently issued a request to plan eco-tourism commercial projects, holiday villa complexes, residential complexes and social housing in District 7 of Dalat City. The total investment in the two phases of the project is VND900 billion.

In response to the requirements of Magic Life Tourism Investment Co., Ltd. (Magic Life for short) regarding the planning of commercial eco-tourism projects, holiday villas, residential areas, and social housing in the area. 7. The Dalat City and Lam Dong Provincial People’s Committees issued a document to the Dalat City People’s Committee on November 1, requesting that the company’s proposal be considered and handled in accordance with regulations.

According to Magic Life’s request, the company stated that the location is plots 4 and 5 of District 146, District 7 of the city. Dalat is managed by the Lam Vien Forest Management Committee, with a total area of ​​19 hectares. It plans to have three types of forests by 2023. According to the Nguyen Residential Area Plan, investment projects are implemented on Hoang Street and Nguyen Hoang Street. Van Kiep Lake, District 8, Municipality. Dalat. But according to Magic Life, the 19-hectare area on a hilltop is completely separate from the Van Kiep Lake planning area and no projects have been implemented since 2000.

According to the company’s planning projects in Lam Dong province from now to 2023, the development of tourist and social housing residential areas is in line with the urgent needs of social development in the region, both domestically and internationally.

“With the company’s capabilities and financial resources, it has achieved good results in participating in the planning and development of local industries and resort tourism.

According to the resolution of Lam Dong Province, the guiding regulations of the Provincial People’s Committee attracted areas in the list of investment projects in the province. In accordance with current regulations and Decision No. 184/QD-UBND of January 27, 2022, the planning process for residential areas in Zones 7 and 8 must be completed.

Participate in the implementation of this project together with the Municipal People’s Committee. Dalat makes plans. The company has prepared a proposal and submitted it to the Lam Dong Provincial People’s Committee to allow the company to participate in planning a portion of the 207-hectare planned area in accordance with the project’s master plan,” cited the company’s request.

Magic Life also stated that the establishment of commercial housing projects, eco-tourism areas and social housing areas within the 19-hectare area that is located independently of the partial expansion project is an urgent need for the project. The allowable proportions of villas, resorts, and green parks shall be implemented in accordance with the plan.

The total investment in the first phase is VND500 billion, and the total investment in the second phase is VND400 billion. After approval, the company will continue to make additional investments based on the scale of the project.

Who is Magic Life?

Although companies that claim to have financial capabilities and the ability to participate in the planning and development of vacation tourism in various places have brought good results, Magic Life has almost no future in the market.

After investigation, Miao Life Tourism Investment Co., Ltd. was only established on May 29, 2023; its headquarters is located at No. 235, Wentan Residential Area, Dingwen Town, Linhe District, Lam Dong Province. It is worth noting that the main registered business of the enterprise is the wholesale of rice, wheat, other cereals and flour.

The company’s registered capital is VND20 billion; the founding shareholders include Mr. Nguyen Thanh Thoai (controlling and legal representative) who contributes 55%, and Ms. Nguyen Thi Bich Tuyen (who has the same permanent address as Mr. Thoai, Thu Duc City, Ho Chi Minh City) who contributes 45%. .



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