US-based investment management company Oaktree Capital Corporation said it plans to pump in USD 5 billion to build luxury resorts in Da Nang. The managing director of the company, William F. Kerins, said the firm had spent 90 days surveying the city’s Hoa Van Hamlet, and hoped to build seaside resorts on an area of 700 hectares. There would be 4,000 rooms, an entertainment area, yacht quay, golf course, helipad to transfer tourists, casino for foreign tourists and a cable car system connecting the top of the. Hai Van mountain pass with the hamlet, he said.