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No first prize for Khanh Hoa contest

Update: January, 31/2015 - 08:42
FLC Samson Residences in the FLC Samson Beach& Golf Resort in the central Thanh Hoa Province. — Photo FLC

HA NOI (VNS)— The contest for an idea for the administrative centre of Khanh Hoa, which was organized by the FLC Group and the Khanh Hoa Department of Construction has declared a winner.

The Viet Nam Institute for Urban and Rural Planning won the second prize (there was no first prize), which is worth VND300 million ($14,000).

Based on idea of the winner, the next steps will include the construction of the centre, which will be executed by the relevant agencies. The FLC Group is an investor in the project, which is located at the Quan Truong riverside in the Vinh Thai Commune of Nha Trang City and spread over an area of 126 ha.

This is the first project to be built under a build-transfer (BT) form, with a total investment of VND7 trillion ($327 million), which is also the largest BT project in the province so far. — VNS

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