On January 16, 2025, the People’s Committee of Binh Dinh province welcomed Mr. Timur Mohamed, Chairman of Palmer Johnson Company, and Mr. Roland Staub, Chairman of Finance Suisse Investment Fund, to discuss investment cooperation opportunities in the field of luxury tourism.
Mr. Timur Mohamed commented that Binh Dinh possesses rare factors to develop into a world-leading destination for luxury yachts, attracting the international elite. Palmer Johnson plans to build an integrated tourism ecosystem here, including international standard marinas, high-end coastal resorts and high-class experience services.
Mr. Roland Staub also highly appreciated the strategic location and outstanding potential of Binh Dinh. With international experience in developing high-end real estate, Finance Suisse is ready to support Binh Dinh in calling for international capital and providing strategic advice, aiming to turn the province into an ideal destination for the elite.
Palmer Johnson, headquartered in Monaco, is a leading designer and manufacturer of sport yachts with a history of over 100 years. Meanwhile, Finance Suisse is a large investment fund with a global network, specializing in providing financial services for luxury real estate projects in Switzerland, the UK and Dubai.
These two investors have coordinated with Lac Viet Group to conduct field surveys in Quy Nhon and Cat Tien to assess the potential for high-end tourism development. Mr. Tong Duc Hieu, Chairman of Lac Viet Group, said that this cooperation will bring about a major turning point in the province’s tourism and luxury real estate sector. The projects not only focus on infrastructure but also shape the high-class lifestyle, with exclusive services such as yacht clubs, 5-star resorts and high-end cultural and entertainment events.
Binh Dinh provincial leaders pledged to support the vision of turning the province into a super-luxury tourism center. The province will continue to improve the investment environment, accelerate planning and infrastructure development, and provide legal support and preferential policies to facilitate international investors to realize this vision.
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