Investors in Vietnam's largest tourism project to date broke ground in Long An Province's Ben Luc District on February 14.
The US$2 billion project, named Khang Thong Entertainment Complex (Happyland Vietnam) is scheduled to be built in 39 months on a 338-hectare plot in the district and is scheduled to open to the public in 2014.
The Khang Thong Group has received investment from several international sources, including Dougherty Sims Investment Macau Ltd. (represented by King of Pop Michael Jackson's father, Mr. Joseph Jackson) and Russia's ALT Group.
As the main project for Vietnam's tourism in 2011, Happyland Vietnam will include a theme park, a hotel, floating markets, as well as exhibits depicting the landscape and cultural spaces of Vietnam.
Tourism officials hope the park will attract 14 million visitors every year and help generate a skilled labor force in the tourism sector.
Happyland also contributed to restructuring the local economy by developing economic corridors south of Ho Chi Minh City.