New Investment Project: Indochina SAPA hotel Location: No 7A Group, SAPA town, SAPA Dist., Lao Cai province. Investor: Dong Duong International Commerce Investment J.S.C Construction Area: 8761m2 Total investment capital: 10 millions USD Vision & Purpose: Lao Cai is frontier province in Vietnam’s North and West North, 376 km far from Hanoi to go by railway and 345 km to go by land. It is contiguous to Yen Bai province in the South, Son La and Lai Chau in the West, Van Nam province of China in the North, it has 203 km frontier road with population of about 700.000. Lao Cai located in the valley of three large rivers: Hong River, Chay River, Da River, has many mountains chain caused its topography to be multi-partition, its height changes from + 80m to + 3000m compared with the sea level. SaPa is a small town and is a holiday-famous area in Lao Cai, Viet Nam, far from Lao Cai center about 38 km only. The town of Sa Pa lies at an altitude of about 1600 m, whole year, it is cold, foggy and covered by Marijuana forest. In winter, Dao, Cuc and Man bloom sparkling, wrapped with snow on the roof of H’Mong houses. Aware of its important role in tourist development, Dong Duong has decide to invest to construct a four-star hotel – it also is one of articles of DDG’s plans for investment of hotel, resort, commercial centre in Lao Cai, Quang Ninh, and Da Nang with the trade mark “Indochina” in period of 2006-2010.
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