Question 12: Why to invest in Cat Ba Amatina Project (Cat Ba Amatina – integrated marina resort)?

Evaluating potentials of Cat Bar Amatina Project, leaders of Cat Hai District People’s Committee expect this project by Vinaconex - ITC will promote tourist industry at Cat Ba Archipelago as well as increase economic growth rate for Island District, bringing Cat Ba tourist area to become a national-level tourism centre soon. The project will provide added value to the tourism  in Cat Ba Archipelago, one of three key tourist centers in the North of Vietnam besides Ha Long Bay and Sapa.

Cat Ba, one of the most famous tourist destinations of Vietnam, attracts more than 1 million domestic and foreign visitors in 2009, of whom there are about 25% foreign visitors. Number of tourists coming to Cat Ba is on increase from year to year. It is expected by Chamber of Commerce and Industry of Cat Hai district that total visitors to Cat Ba in 2020 will be 2 million people, of whom foreign visitors will be about 50%.
Cat Ba Island, which belongs to Cat Hai District, Hai Phong city, and which is 150 km far from Hanoi, is the biggest island in 366 limestone islands of Cat Ba Archipelago. Cat Ba Archipelago with an area of approximately 100 km2, is well known throughout the world for its beautiful limestone mountains, tropical forests, coral reefs, sea grass, sandy beaches, mysterious caves and diversified ecosystem. From Hai Phong, visitors can go to Cat Ba Island by land road, by waterway or by air. After only 45 minutes going by ferry, then visitors can enjoy a wonderful landscape the God has given to this place.

In recent years, the Government has invested to some projects to build, expand and upgrade  infrastructure of this area Those projects include: building of 5B highway Hanoi – Hai Phong and Lach Huyen deep-water port, upgrading of Cat Bi airport, building of Tien Lang international airport, upgrading Dinh Vu – Cat Hai port. These projects are expected to finish in 2015.

In spite of the tourist potentials above listed, services on Cat Ba island are still very poor. Therefore, this is a golden chance for investors and to invest and develope real estate and tourist projects on Cat Ba – the Pearl island.
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