Vietnam is changing, as recent years have seen rapid growth of tourism infrastructure and significant real estate expansion.
International investors have recognized the large potential of this culture-rich, tropical destination and look to support the government’s economic development plan for a brand-new administrative region. East of Ho Chi Minh City, a new area dubbed Vietnam’s Silicon Valley is emerging, spanning districts 2, 9 and Thu Duc.
A major part of the country’s economic ambition aims to create a new hub for technical industry and innovation, which is well positioned in proximity to the Thu Duc district, a well-established learning and research centre. To support the growth of this new administrative region, $12 billion is being invested in infrastructure and commercial developments, including a new financial district. This new city is anticipated to provide 30 per cent of Ho Chi Minh’s economic growth, and five per cent of the entire nation.
But such high-tech knowledge-based economies only thrive when talented employees are accessible to them, which is why support for associated transport systems as well as residential and leisure facilities are also gaining approval and investment. Consequently, Surf The Wave, one of Asia’s most significant land developers is creating a large mixed-use community using WhiteWater’s Endless Surf (ES) as an anchor amenity to attract residents.
Residences in this destination will look out over the beach of the ES3200’s heart-shaped pool and beach area.
Endless Surf waves are designed to satisfy the needs of experts and beginners simultaneously in different zones. Alongside the pool are several smaller lagoons designed for kayaks and standup paddleboards (SUPs), which when combined with the planned FlowRider Triple sheet wave, means there will be plenty of opportunity to keep board fanatics satisfied.
Surf The Wave CEO Tony Bulcraig said of the decision to choose Endless Surf: “We’ve done a thorough analysis of the options and have concluded Endless Surf offers both the best value and surf versatility, with a more natural esthetic, which fits our development goals best. The fact it is backed by a company already experienced in large scale developments is important given the institutional investors involved.”
This will be the first surf pool in the country and will give more than 10 million people access to artificial waves delivered by Endless Surf.
“This development is a great example of how surf as an anchor attraction in larger mixed-use real estate investments creates a focus on lifestyle and wellness for the entire development. This added benefit comes in addition to the surf lagoon being a healthy business venue in its own right because of the high capacity and flexibility of the programmable waves that Endless Surf offers,” said Endless Surf joint founder Paul Chutter.