TARGET LAUNCH: Q3 2026

Son Tra Signature Marina Fund
(SSMF)

A proposed marina and yacht-services platform in Da Nang. Its investment case depends on site rights, berth demand, construction cost, and the operating model.

50+

Total berths

105m+

Total LOA

7m+

Combined draft

24/7

Security and CCTV

Location

The Son Tra
Peninsula

The site is at the entrance to Da Nang Bay. It could provide a sheltered starting point for coastal cruising, subject to final design, operating plans, and weather conditions.

  • Sheltered site

    The peninsula may reduce exposure to open-sea conditions; site and engineering studies should confirm this.

  • Water depth

    Project materials describe a deep approach channel. Final draft limits and any dredging requirement need confirmation.

  • Seasonal conditions

    Wind and weather data will shape the cruising calendar and operating plan.

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Construction Schedule

The current schedule runs from approvals and site preparation through construction, systems testing, and launch.

Q3 2024

Phase 1: Inception

Project approval, licensing, and initial environmental impact assessment (EIA) clearance.

Completed
Q4 2024

Phase 2: Preparation

Site categorization, hydrographic surveys, and finalization of engineering designs.

Completed
Q1 - Q2 2025

Phase 3: Marine Works

Dredging operations to 6m depth, breakwater reinforcement, and installing floating pontoon systems.

In Progress
Q3 2025 - Q1 2026

Phase 4: Terminal Construction

Construction of the main terminal building, VIP lounges, and high-security access control systems.

Upcoming
Q2 2026

Phase 5: Systems & Commissioning

Installation of smart grid power, waste management systems, and full operational testing.

Upcoming
Q3 2026

Target opening

Target opening for the Son Tra marina project.

Upcoming

Construction Schedule

A visual Gantt-style roadmap for the yacht terminal project.

Jan 2026
Feb 2026
Mar 2026
Apr 2026
May 2026
Jun 2026
Jul 2026
Aug 2026
Sep 2026
Oct 2026
Nov 2026
Dec 2026
Specialized Approvals
Specialized Approvals
Marine Integration
Marine Integration
Systems & Soft Launch
Systems & Soft Launch
Grand Opening
Grand Opening

SCHEDULE OF AREAS

34 smart elevators from TKE (Germany) improves traffic management, increases productivity and enhances safety.

24 x High-Speed Office Lifts with destination control for Low Zone (LG, L5 – L22); Mid Zone (LG, L23 – L34); Networking Floors (LG, L35 – L43); and High Zone (Lg, L44 – L50)

3 x Retail Lifts (B4 – L3A)

2 x Express Retail Lifts (B2, LG, L51 – L53)

2 x Car Park Lifts (B4 – LG)

1 x Retail Service Lift (B4 – L3A)

1 x Retail Service / Fire Lift (B4 – L3A)

1 x Service / Fire Lift (B4 – L54)

Area Allocation

Networking
Retail / Wellness
Lounge
Carpark
Retail / F&B
Retail / Office Lobby
Event Space
Outdoor Landscape
Hover over the building diagram to see floor details.
B41,843B31,687B21,293B1863L01,843L11,647L21,542L31,347L41,281L51,240L61,247L71,254L81,261L91,268L101,275L111,282L121,289L131,296L141,303L151,310L161,317L171,324L181,331L191,338L201,342L211,240L221,464L23647FloorGFA (m²)

The operating case

A marina earns from berth fees and related services. Any broader investment case depends on utilization, operating costs, service mix, and rights to adjacent development.

20252030

Operating costs

Cost control

Crew and technical costs need to be competitive with regional peers. That requires a local operating team, procurement discipline, and a clear maintenance plan.

  • Crew and technical cost control
  • Maintenance and OpEx reporting

Customer base

Demand development

The project needs repeat demand from owners, charter operators, and visiting vessels. Distribution agreements and customer data matter more than a claim of early market entry.

  • Berth and charter relationships
  • Owner and crew services

Adjacent uses

Integrated platform
Related revenue

A marina can support dining, hospitality, events, and waterfront development, but those benefits only accrue to the project if agreements capture them.

  • Uses tied to the marina
  • Operator and tenant agreements

What must be solved

Marina projects face site, regulatory, technical, and tax constraints. Compliance and operating capability are part of the work required to compete.

Concession and site rights.
Safety, customs, and tax compliance.

Potential advantages

The EVFTA may affect costs for qualifying EU-built vessels, but the impact depends on origin rules, customs treatment, and the final procurement plan.

Check import treatment.
Compare delivered CapEx and maintenance costs.

For investors considering
Son Tra

A serious review should begin with site rights, berth demand, construction budget, operating partners, and revenue lines. Request the deal memo for the current assumptions and open diligence items.