by Tim Rist on 5 August 2020
- Vietnam’s $9.3 billion Can Gio Tourist City was recently approved for construction within the buffer zone of a UNESCO Mangrove Biosphere Reserve in Ho Chi Minh City.
- Developed by Vingroup, Vietnam’s largest private company, the project will require the reclamation of a huge amount of land along Can Gio’s coast.
- Environmentalists and activists have petitioned the government to reconsider the project, but Vingroup is a key part of the country’s drive toward industrialization and home-grown world-class companies.
