The golf course, called Sky Lake Golf and Resort Club will have the total investment capital of $22mil. DK ENC has received an agreement on leasing 200 ha of land in the Van Son lake area in Chuong My district for the project.

The project will be developed in two stages. In the first stage, a 18-hole golf course and a club house will be put into operation 20 months after the investor completes the procedures on land leasing and site clearance.

At present, many other golf courses are also under construction in the north of Vietnam. The fact that many investors want to run golf course projects here should be seen as the result of higher inflow of foreign direct investment into Vietnam, which leads to the increase in the demand for many high-grade services.

The Hanoi Peoples’ Committee several days ago had a meeting, discussing the solutions to speed up the implementation of the golf course project in Dong Anh district in the suburb of Hanoi. This is a joint venture between Vietnamese and Thai investors, which has the total investment capital of $14.5mil.

There are three operational golf courses in the north, including Dong Mo in Ha Tay province, Chi Linh in Hai Duong province and Tam Dao in Vinh Phuc province.