Billion USD poured into horse racing, dog racing, F1 racing

A series of large-scale Love Machine Baseball Tee – Cute Valentines Day Toddler Shirt – Valentines Toddler Tractor Shirt – Farm Toddler Shirt entertainment projects to build horse racing, dog racing, F1 racing … have been proposed to invest nationwide with capital up to billions of dollars.
Billion USD poured into the racecourse, dog racing, F1 racing – Photo 1.
At a horse racing festival Love Ireland Green Plaid Shamrock St Patrick’s Day Shirt in the North attracting a large number of viewers – Photo: VU TUAN

The racetrack business projects,LOCKDOWN Birthday T-Shirt, Birthday Queen Shirt  with betting, ending Resort real estate mixes are attracting private investors because of the promising returns it delivers.

A series of proposed projects The

Ministry of Planning and I refuse to talk gun control with someone who eats soap pocketed tee Shirt Investment (MPI) has just submitted a document to the Prime Minister for approval of the investment policy of the multi-purpose entertainment complex – horse racing school in Soc Son. , Hanoi City.

Accordingly, two investors, Horse Racing I’d Rather Be at the Track Trotter new Shirt Hanoi Tourism Corporation and Global Consultant Network Co., Ltd (Korea) are chosen to implement the project.

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The land use scale of the project is expected to reach 125ha, which will be a horse racing school – a horse racing stadium with a capacity of 30,000 spectators, 99.5 hectares wide, 22.5 hectares of conditioning lake, 3-star hotel. 1.5ha, 0.5ha conference center and 1ha villa resort area.

According to calculations by the Hanoi Tourism Corporation and Global Consultant Network Co., Ltd, the horse racing project has a total investment of up to about 9,557 billion VND, equivalent to 420 million USD, of which the racecourse only horse has an investment of about 348 million USD.

Also related to the investment Holy Enough To Pray For You Hood Enough To Swing On You hot Shirt in the horse racing, FLC Group recently sent a document to Hanoi City to propose planning and investment in a complex of stadiums, entertainment with F1 race, horse racing. in Dong Anh or Soc Son … in Hanoi, with the investment capital up to 25,000 billion VND.

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Meanwhile, Hanoi City has planned to mobilize private capital to build F1 race track under 2 options: upgrading existing streets at My Dinh National Sports Center or building a new race track.

It is estimated that in 10 years of organizing the F1 race (2020-2030), it will cost about 570 million USD (about 13,000 billion VND) to upgrade the track.

In the case that Hanoi invests in building a new F1 race, it will cost about 270 million USD (over 6,000 billion VND). Each time the race is held, it must contribute to the organization cost of a few tens of millions of dollars / year.

Hundreds of flowers blooming

The spending of hundreds of Head Of Condiments BBQ Sauce Smoked Meat Barbecue hot Shirt millions of dollars to invest in entertainment projects combining real estate resorts not only takes place in big cities like Hanoi.

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Recently, the leaders of Ha Tinh province also proposed the Ministry of Planning and Investment to solve problems for the project of Xuan Thanh dog racing sport and entertainment service center at Xuan Thanh tourist area, Nghi Xuan district of this province.

Up to now, Xuan Thanh dog racecourse has been completed by Hong Lam Xuan Thanh Joint Stock Company, with an investment cost of about VND 300 billion, but no betting yet because it has not been licensed.

Previously, the South had many active racecourse projects and Phu Yen province also proposed the Prime Minister to invest in dog racing, horse racing with betting in Tuy An district.

According to the proposal of Hamster Dealer 2020 Klopapier Geschenk limited Shirt Phu Yen Racecourse Co., Ltd., the investment scale is up to about 100 million USD (over 2,300 billion VND), with construction area 82.4ha of ground and 13ha of sea surface – large compared to existing projects.

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Big sales, high profits?

The Soc Son horse racing project has the goal of building a horse racing school, organizing horse racing activities, betting on horse racing, organizing horse racing agents outside the racetrack, trading and importing horses.

Notably, the business plan was also clearer: through a local television production licensee, will cooperate to produce and export horse racing content to 50 participating agents. judgment, international.

In particular, the project also aims at resort real estate business through investment, construction, and business of 3-star hotels, 3-star standard tourist villas, commercial centers, conferences, workshops in the project area.

According to calculations by the Hanoi Tourism Corporation and Global Consultant Network Co., Ltd, the average revenue of the Soc Son horse racing project is about 4,804 billion VND / year, mainly from horse racing betting. play, relax.

However, when submitting to the Prime Minister for approval of investment policy, the Ministry of Planning and Investment also pointed out the negative impacts of the project, such as on the rice cultivation area, the number of agricultural workers affected by the acquisition. land is up to 3,280 but the project only creates jobs for about 600 workers.

Some experts believe that licensing needs to be calculated on the overall benefits but there must be provisions to limit negative effects. In particular, it is necessary to limit the allocation of land “sticky rice fields with honey fields” for the project.

Responding to Tuoi Tre, Mr. Nguyen Duc Chung – Chairman of the People’s Committee of Hanoi – said that not all countries are licensed to organize F1 racing, F1 visitors are high-end tourist segment, that is technology racing, not just sports. Only the logistics team for F1 racing has reached 12,000 people.

Mr. Chung affirmed that until the race season, stop the road from organizing the race, when the race ends, the track infrastructure, other auxiliary items such as a park serving the people.

With Soc Son horse racing, Mr. Ch