The Xuan Hoi Coastal Eco-Tourism Project in the north central province of Ha Tinh has been rescaled, after being on hold for eight years,  with its investment capital increased to nearly VND4 trillion (approximately $154 million) and a new investor selected.

The Ha Tinh Provincial People’s Committee has officially approved adjustments to the project’s investment plan while appointing Xuan Hoi Investment Joint Stock Company as the new investor.

Under the revised plan, the total investment capital has risen from over VND1.2 trillion ($46 million), and the land area has been adjusted to 92.33 hectares. The project implementation period is set at 60 months from its commencement date.

The updated construction scale includes key components aimed at developing a high-end coastal resort and commercial-service complex, reinforcing the region's tourism and economic prospects.

According to the Provincial People’s Committee, the project adjustments and new investor appointment were essential to revive the stalled development, which had faced years of delays without tangible progress.