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Abandoned Thuy Tien Park withdrawn

by VTV415 January 2016 Last updated at 05:00 AM

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Abandoned Thuy Tien Park withdrawn
VTV.vn - Thua Thien Hue provincial authorities have decided to withdraw the Thuy Tien eco-park project in Thủy Bằng Commune, Hương Thủy Town, Thua Thien-Hue Province.

After more than 8 years of sub-par operation, the park was abandoned and has severely degraded. Thuy Tien is a natural lake surrounded by pine forests and beautiful scenery.

Thuy Tien eco-park attracted investments of more than 3.2 million USD and opened in 2004. However, currently the park is in a state of ruin. The park was bought by Haco Company from Hue Tourism JSC for nearly 2 million USD. After the purchase, Haco could not maintain operation due to a lack of capital. Thua Thien Hue Provincial People's Committee has decided to withdraw this project, and are calling for qualified investors to invest in a new project.