Why is Dien Chau targeted by many real estate 'sharks'?

Bright spot in economic and tourism development

“The geographical location is opening up great opportunities for Dien Chau to accelerate development, make breakthroughs in marine economy and tourism services…” is the statement of the Secretary of Nghe An Provincial Party Committee before the 31st Congress of Dien Chau District Party Committee, term 2020 - 2025.

According to the annual GDP per capita assessment in Nghe An, Dien Chau is one of the districts with the highest economic growth rate in the North Central - Central region. The average economic growth rate in the period of 2015 - 2020 reached 10.16%. The average income per capita by 2020 is estimated at 53.7 million VND, 1.8 times higher than in 2015. In 2019, the total investment in Dien Chau district accounted for nearly 50% of the total investment of Nghe An province with the total of more than 22,000 billion VND, becoming a new bright spot attracting investment capital for industrial development and service economy in Nghe An market.

Dien Chau district's economy is shifting in the right direction towards developing services, industry and construction. Photo: Archive

Regarding tourism, Dien Chau is considered the "pearl" of Nghe An tourism. The district has long been famous for its sea tourism destinations such as: Cua Hien, Dien Thanh beach, Hon Cau Dien Hai. Dien Chau beach is rich in seafood, flat continental shelf, has beaches and relaxing resorts. In particular, Dien Thanh beach is a good land in the Central region, is one of the beaches that is being invested in developing a system of convenient services, high-class sea entertainment activities covering 110 hectares, promising to soon become a new sea tourism destination in the near future in the Central coastal tourism areas.

Dien Thanh Beach with its poetic beauty captivates visitors. Photo courtesy of CTV

Not only beautiful landscapes, nature also bestows Dien Chau with a cool sea climate. Favorable geographical location and natural conditions mean that Dien Chau has a lot of sunshine all year round, high humidity (over 80%), cool climate (average annual temperature from 22-25^oC), creating a premise to promote tourism and local socio-economic development. In particular, with the longest coastline in the province (25km), the coastal area is more than 123km²Marine economy and tourism services are being fully exploited to become the district's own strengths.

In addition to its strengths in sea tourism, in recent years, Dien Chau has also focused on attracting investment in ecological areas in mountainous communes such as Muong Thanh ecological tourism area in Dien Lam commune with a scale of more than 100 hectares, increasingly attracting a large number of tourists from inside and outside the district, with an annual number of nearly 15 thousand visitors.

Dien Chau has many strengths in developing eco-tourism. Muong Thanh Dien Lam Hotel. Photo courtesy of CTV

In addition to entertainment and tourism attractions, Dien Chau district also focuses on calling for investment in developing spiritual tourism attractions such as Cuong Temple and Co Am Pagoda. Currently, Dien Chau continues to have many policies to call for investors to continue upgrading and building Cua Hien tourist area, Cuong Temple, Xuan Duong Lake eco-tourism area, etc.

Perfectly connected transportation system

It is no coincidence that Dien Chau has attracted a large number of real estate "sharks" with a series of high-class projects on hundreds of thousands of hectares. According to Mr. Luu Thanh Tuan - Deputy General Director of Saco Real Estate Company (Sacoland): "Dien Chau stands out from other localities thanks to its extremely special traffic infrastructure system, which can be said to be close to perfection when all the national key traffic routes from road, rail, and sea run through this place".

Dien Chau Riverside project is a typical representative of the real estate giants in Dien Chau. Project perspective image

In recent years, Dien Chau district has set a goal of becoming a connecting center with localities nationwide, forming a development pole and connecting cooperation with dynamic development clusters in the Central region, especially connecting with major cities such as Vinh, Dong Hoi, Ha Tinh, Hanoi... Therefore, the transportation system has also been constantly invested, upgraded and expanded, closely following the plan to become a regional connection center.

Regarding road traffic, Dien Chau has National Highway 1A, which is the starting point of National Highway 7 connecting to the Western districts and Laos, National Highway 48 to the Northwestern districts of the province, the intra-district and inter-district traffic routes are very convenient and modern.

Infrastructure projects have continuously landed in Dien Chau in recent years.

Dien Chau possesses even greater strength when three key infrastructure routes including the North-South railway, the North-South high-speed railway and the North-South expressway all run through it. Notably, in addition to the existing North-South railway and the North-South expressway, the North-South high-speed railway has just been proposed by the Ministry of Transport in the Draft Railway Network Planning for the period 2021 - 2030, with a vision to 2050, which will be a "weapon" to supplement the perfect connectivity of Dien Chau region. Once completed, the distance between Dien Chau and localities across the country will be significantly shortened, creating a driving force for the development of all industries, especially real estate.

In addition, the national coastal road - a route that plays an important role in connecting coastal tourist areas with economic centers, industrial parks, seaports, promoting resort tourism for localities along the route also passes through Dien Chau, giving wings to the district's economy and tourism to further explode.

Regarding waterways, Dien Chau has the Le Dynasty canal in the North-South direction connecting with the Cam River; the Dung River flows through 10 communes in the district and flows into the East Sea; there are Cua Van, Cua Hien and 28 km of coastline connecting with districts in the country.

It can be said that 2021 marks a “golden” opportunity for Dien Chau district when all conditions converge “heavenly time, favorable location, and harmony of people”. Along with open and transparent policies for investors, Dien Chau district is expected to create many surprises and marks on the upcoming development journey.