Ho Tram, Vietnam, 1 December, 2016 – Recognizing dynamic potential of Vietnam’s economy and the importance of enhancing commercial and investment links
- Asian Coast Development, Ltd. (ACDL) is an international development company specializing in the development of integrated resorts. ACDL, through its wholly-owned subsidiary Ho Tram Project Company, Ltd (HTP) is the developer of the $4.2 billion (USD) Ho Tram Strip located in Ba Ria – Vung Tau province of Vietnam. The Grand Ho Tram Strip is a world class integrated resort facility being developed in phases situated on 164 contiguous hectare (405 acres) of pristine beach front property located in Ho Tram, 120km Southeast of Ho Chi Minh City.
- The first phase of the Ho Tram Strip development includes The Grand Ho Tram Resort & Casino, a 541 room 5-star award winning hotel and resort, which opened in July 2013 as well as The Bluffs Ho Tram Strip, a Greg Norman designed links-style Championship golf course, which opened in October 2014 and in 2015 was named the World’s Best New Golf Course and in 2016 was ranked #74 in The World by Golf Digest.
- The Company has commenced construction on a second hotel tower that will increase the resort to 1,100 rooms and is currently developing the Gallery Villas at The Bluffs Ho Tram Strip, a luxury residential offering. Ho Tram Project Company also recently signed a Memorandum of Understanding (MOU) with CotecCons to develop and construct in excess of 1,000 condotel and time-share residences at the Ho Tram Strip.