(BCG) On April 25, 2019, the MOU signing ceremony between Ricons Construction Investment Joint Stock Company (Ricons) and Bamboo Capital Group (BCG) was successfully held. BCG will be the project developer for the Pegas project in Nha Trang city.

With a total investment of 1,250 billion VND, the Pegas project is expected to be one of the hottest real estate products in the near future of Nha Trang – the coastal city. According to the master plan, this is a high-class apartment/condotel project with 850 apartments and condotel covering all 38 floors of the building. The project is built on a total land area of 2,378m2 in Vinh Hoa district, Nha Trang city, Khanh Hoa province. With 60% of construction density, the project not only brings products with diversified, luxurious and sophisticated designs but also focuses on investing in public works to bring maximum utility to the owners. In addition, the project also set very high requirements on “green” criteria in building a perfect and ideal living environment.  

Meeting all conditions in becoming an international tourist centre for being one of the 29 most beautiful bays on the planet, Nha Trang real estate market has always been highly evaluated by investors and experts. According to the forecast of Khanh Hoa tourism industry, in 2019 the province aims to welcome 7 million tourists to Nha Trang city, including 3 million international visitors; The target of 2020 is to reach 8 million visitors and 16 million visitors by 2030. This is one of the key factors to create growth momentum for Nha Trang real estate market, especially the tourism-vacation segment nursing in the coming years. 

The perspective of Pegas Nha Trang project by BCG group as the project development unit