On the morning of May 14, Ms. Le Thi Trang Dai – Chairwoman of Xuyen Moc District People’s Committee, leaders of specialized departments and committees of the district, and leaders of Phuoc Thuan Commune People’s Committee had a working session with Mr. Michael Lee Efron – Chairman and Director. Director of Vietnam Sports Player I Company on applying for investment in the International Horse Race Course in Xuyen Moc district.

At the meeting, the Company’s leadership representative presented the project with an investment capital of about 85 million USD, a land area of about 100 hectares, suitable for an international horse racetrack, located along the coastal road. Phuoc Thuan – Binh Chau beach of Xuyen Moc district and commits to comply with Vietnamese law.

Regarding the investment application for the above project, Ms. Le Thi Trang Dai – Chairwoman of Xuyen Moc District People’s Committee agreed on the general policy, Xuyen Moc district welcomed the willingness to invest in the International Horse Racecourse project in Xuyen Moc district. by Mr. Michael Lee Efron and Vietnam Sports Player I Company.

The above project is very suitable for the potential, strengths, orientation, and strategy of developing high-quality, world-class tourism of Xuyen Moc district in particular and of BRVT province in general.

Assign district authorities according to their functions and tasks to proactively coordinate, guide, introduce, and create conditions for Investors in the process of learning and implementing project investment procedures according to regulations. provisions of the law.

Xuyen Moc Government Media Writer: Nguyen Thang

As a result, the Xuyen Moc District People’s Committee supports VSP1 application to obtain both a government land lease and a company licence for an international horse race track and racing club with associated project facilities, to include sports and community recreation facilities.

The proposed project location is near the Ho Tram Strip Casino, Greg Norman “Bluffs Golf Course”, the Hyatt Regency Hotel & Residential Complex and other tourism and entertainment projects.