With a total investment capital of nearly VND480 billion ($18.5 million), three forest environment leasing projects in Phong Nha-Ke Bang National Park in the central province of Quang Binh have been officially signed, marking a significant step in the province’s strategy to utilize forest potential while ensuring conservation and sustainable development.

According to the Phong Nha-Ke Bang National Park Management Board, the agreements have been signed for a 30-year term, focusing on ecotourism, resorts, and environmentally friendly entertainment services.

This initiative is part of the province’s key strategic plan to enhance forest resource value, diversify tourism offerings, and stimulate economic growth, all while maintaining the unique forest ecosystem’s integrity.

The first project, led by MBG Lac Sanh Phu Yen Joint Stock Company, will be developed in the Botanical Garden area within the service-administrative subdivision of the National Park. The company will invest VND91 billion ($3.5 million) to create an ecotourism and environmental interpretation site on 77 ha.

The second project, undertaken by Greenscape Project Development Consulting and Investment Management Joint Stock Company, spans 76 ha and has the largest investment capital among the three projects, VND310 billion ($11.95 million).

The third project, to be developed by Viet Green Ecotourism Joint Stock Company, plans to construct a Tourism Operations Center and the Ba Tay Hill Resort on 83 ha, with a total investment of VND76 billion (over $2.9 million).