Swiss billionaire praises tourism potential of Phu Quoc

Larpin—the owner of Hong Kong-based Asia Investment Fund—recently selected Phu Quoc’s Khem Beach as his new investment destination. He also owns high-end jewellery and olive oil processing firms and a luxury cruise ship service named Michelangelo Cruises. Larpin explained why he decided to invest in the Khem Beach.

Billionaire financial expert Christian A. Larpin

What convinced you to come to Khem Beach four times within a short period of time?

Of course, I combined both looking for business opportunities and relaxation in Phu Quoc. But during my first visit to Khem Beach in January this year, I was literally taken aback by the beauty of this pristine beach.

The stretching white sandbank, the natural forest, the warm, blue sea, the charming hills, and the sun all year round—Khem Beach reminds me of the South of France 60 years ago, and I immediately thought that this is where I belong.

The wildness of the nature, the warm and friendly islanders, and the great potential for development in the future have urged me to come back to Khem Beach to promote investment.

When I returned to Khem Beach, I took my wife and children so the whole family could enjoy this paradise on earth.

From the perspective of an experienced investor, how do you assess the development of Khem Beach?

Christian A. Larpin with his wife and son

Both Khem Beach and Phu Quoc, especially the southern part of the island, will definitely become a world-class luxury travel destination in the next 3-5 years.

The unique location, the overwhelming natural beauty, and pure Vietnamese culture are the root of the place’s charm.

In addition, I see unique world-class projects from Sun Group, such as JW Marriott Phu Quoc Emerald Bay, the Premier Village Phu Quoc Resort, the Premier Residences Phu Quoc Emerald Bay, and the Khem Beach Resort—and there is just so much more coming in the near future.

Why did you decide to invest in Sun Group’s resort estate projects?

First of all, Sun Group made sure that each of its projects is located in a unique and distinctive setting. Danang and Phu Quoc both hold unparalleled potential for luxury travel.

In addition, each project is a masterpiece in its own right, with whimsical, creative features from the exterior architecture to the interior design. I have never seen repetition in any work developed by Sun Group.

In addition, I trust the great partners that Sun Group has cooperated with to create their resort real estate projects. You can build a beautiful villa, but if your customer service is not good, visitors will never come back.

These are the reasons why I will work together with Sun Group to create luxurious and unique tourism products for Phu Quoc in the future.

A villa of Premier Village Phu Quoc Resort, developed by Sun Group

What do you think should be done more to attract investors to Khem Beach?

As I have said, if the infrastructure is properly developed, Khem Beach and Phu Quoc will become popular destinations for high-class travellers for both short and long-term stays. For example, direct flights from Hong Kong or Singapore, or more luxury resorts like JW Marriott Phu Quoc Emerald Bay would drive the number of visitors through the roof.

Along with these, it will be necessary to come out with new luxury travel services, like cruises. We plan to partner up with Sun Group to start cruises and other luxury services on the island.

Our high-class customers from Hong Kong, Macau, and Switzerland, among others, will certainly enjoy exploring Khem Beach and go cruising on these beautiful waters.

Billion-dollar projects transform Phu Quoc vista As of now, Phu Quoc Island has attracted $16.7 billion in investment capital to a range of international-scale projects that not only gave the island a new face, but also attracted other projects as well as tourists. Sun Group’s projects in the south of the island are one of the engines of change.

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Attractive incentives await buyers of Sun Group properties this March Sun Group is holding the sales launch ceremony for the villas in the Premier Village Phu Quoc Resort and condotels in the Premier Residences Phu Quoc Emerald Bay on March 11 at New World hotel in Ho Chi Minh City and on March 12 at Pullman hotel in Hanoi.

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