The company Fansipan SaPa Cable Car Services and Tourism will invest in the project, which is worth 2.08 trillion VND.

The project will cover 35.35 hectares of land in Muong Phang and Pu Nhi communes.

Some land will be given to local authorities, and the rest will be used for tourism and commercial activities.

The project aims to create a high-quality tourism product and preserve the area's historical value.

The project will improve connectivity and visitor experiences, and support the development of a tourism complex.

The project will be completed within five years.

The project will operate for 70 years.

Dien Bien is changing, with economic growth and improvements in infrastructure and social welfare.

The province is targeting over 1.6 million visitors in 2026, with total revenue projected at 2.88 trillion VND.