While FLC continues to develop largescale apartment, office tower, shopping centre projects and industrial parks in Hanoi and major provincial cities, it plans golf to become an important - albeit still minor - part of its real estate portfolio in the future.
“We plan to build 20 courses in the next five years,” Mr Quang says. “Our intention is to sell villas and offer superior recreational opportunities at all sites.”
Resort villas are attractive to Vietnamese and foreign buyers, especially when there is a beach at the front door, golf on site, a pleasant climate and good infrastructure - including roads and amenities that FLC is including in each project.
Initially, most of the company’s new resorts will be along the northern half of the coast within a few hours’ drive of Hanoi, but Mr Quang says the south - where most golf development has occurred until now - also will be part of the mix.
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