US$ 500 million horse racing track to be built
VGP - A $500 million complex including horse racing in Ha Noi’ Soc Son District is off the shelf after 10 years.
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Ha Noi authorities have approved the addition of the long-delayed Soc Son multi-purpose entertainment complex and horse racecourse project to the city's master plan on socio-economic development to 2020 with orientation until 2030.
The horse racing track is expected to boost local tourism.
Once operational, the project is expected to create considerable regular income for the city’s budget, while creating about 5,000 direct jobs.
The project’s support activities are expected to draw other 20,000-25,000 laborers.
The project, which will be built in a planned tourist area about 40 kilometers north of Ha Noi, will add a high-quality tourism product to Soc Son District in particular and the capital in general, the city stated.
According to Ha Noi authorities' data, the capital has received over 26 million visitors this year, including 5.7 million foreign visitors, which are a 9% and 16% increase compared to last year respectively.
The project to build a horse racecourse in Ha Noi was first researched in 1999, with the racecourse's proposed location in the southern districts of Hoang Mai and Thanh Tri.
By Vien Nhu
