Sun Group Breaks Ground on $460M Cultural Complex in Danang
On July 25, Sun Group officially commenced construction of Sun Galaxy Complex - the first international-scale cultural festival, event, and entertainment complex in Danang. With total investment of nearly 10,750 billion VND (approximately $460 million), the project is expected to become a new driver for the development of cultural industry and night economy, while elevating the city's tourism brand.
A New Landmark for Danang
Sun Galaxy Complex is being constructed on a 15-hectare site in Hoa Hai ward, Ngu Hanh Son district, Danang. This represents the largest cultural, festival, and entertainment complex project that Sun Group has undertaken in this coastal city.
"Sun Galaxy Complex is not merely a real estate project, but a declaration of our vision for developing Danang's cultural industry and night economy," said Mr. Dang Minh Truong, Chairman of the Board of Directors at Sun Group during the groundbreaking ceremony. "We expect this to become an indispensable cultural destination for both domestic and international visitors."
Investment Scale and Premium Design
The Sun Galaxy Complex project features a total investment of nearly 10,750 billion VND, encompassing several distinctive facilities:
- An outdoor arts performance complex with 15,000 seating capacity
- A state-of-the-art contemporary art museum
- A multimedia interactive exhibition area
- An international-standard street food zone
- An international conference and exhibition center
- A high-end family entertainment area
| Key Technical Specifications of Sun Galaxy Complex | Details |
|---|---|
| Total Area | 15 hectares |
| Investment Value | Nearly 10,750 billion VND |
| Performance Capacity | 15,000 seats |
| Expected Completion | End of 2025 |
Economic and Tourism Impact on Danang
Economic experts predict that Sun Galaxy Complex will serve as a crucial catalyst for the development of supporting service industries in Danang. The project is expected to create approximately 5,000 direct and indirect jobs upon operation.
"Sun Galaxy Complex is one of the key projects in Danang's strategy for developing the night economy and enhancing tourism quality," said Ms. Nguyen Thi Hong, Vice Chairwoman of the Danang People's Committee. "We believe this project will significantly contribute to diversifying tourism products, extending visitors' stay duration, and increasing tourism revenue."
Sun Group's Strategic Vision
The groundbreaking of Sun Galaxy Complex follows the success of Sun Group's other landmark projects in Danang, such as the Golden Bridge, Ba Na Hills, and more recently, the Sun Ba Na Eco-tourism area. The group is establishing its pioneering position in developing high-quality cultural tourism products in Vietnam.
"We don't just construct buildings; we create unique cultural experiences and innovative spaces to spread Vietnamese cultural values to the world," added Mr. Dang Minh Truong.
Phased Development Approach
The Sun Galaxy Complex project will be implemented in three main phases:
- Phase 1 (2023-2024): Construction of the outdoor arts performance complex and parking facilities
- Phase 2 (2024-2025): Completion of the contemporary art museum and food zone
- Phase 3 (2025-2026): Construction of remaining facilities and full operation commencement
| Comparison of Large-scale Cultural Entertainment Projects in Central Vietnam | Sun Galaxy Complex | Ba Na Hills | Hoi An Ancient Town |
|---|---|---|---|
| Investment Value | 10,750 billion VND | ~4,000 billion VND | Gradual development |
| Scale | 15 ha | ~200 ha | ~86 ha |
| Primary Focus | Culture, festivals, events | Entertainment, resorts | Culture, heritage |
| Typical Stay Duration | 3-4 hours | Full day | 1-2 days |
A Bright Future for Danang's Cultural Industry
Sun Galaxy Complex is expected to become an indispensable cultural destination for both domestic and international tourists. The project will not only diversify Danang's tourism products but also affirm the city's position as a cultural and tourism hub of Central Vietnam and the country.
According to the plan, after operation, Sun Galaxy Complex will host numerous international cultural events and festivals, attracting millions of visitors annually. The project will also serve as a foundation for developing creative industries such as performing arts, design, fashion, and cuisine in the locality.
The groundbreaking of Sun Galaxy Complex marks a significant step in Danang's strategy for developing the night economy and enhancing tourism quality, aiming to transform the city into a smart, civilized, and environmentally-friendly tourism destination.