Monday, July 13 2020


Huế, Đà Nẵng call for $215 million property investment projects

Update: April, 25/2020 - 11:38


An urban area is developed in Đà Nẵng. The city has planned a complex including a hospital, heath school and apartment project in Ngũ Hành Sơn district. — VNS Photo Công Thành

CENTRAL REGION — Đà Nẵng City and Thừa Thiên-Huế Province have approved some key property projects for construction in the third quarter of this year, calling for investment to help recover the real estate market growth that was postponed by the COVID-19 pandemic.

Đà Nẵng has planned the Complex of Health-Medicine education school and luxury apartments in Ngũ Hành Sơn District, covering 1.2ha with an investment of VNĐ1.18 trillion (US$51.3 million).

The complex will include a hospital, a medicine school and a hostel for students – the first of its kind in Đà Nẵng. The project has been scheduled for construction in late of 2020 for full operation in 2025.

An area of 1.8ha in the district was reserved for a high-rise apartment project with total investment capital of VNĐ1.98 trillion ($86.4 million). The project would supply more than 1,100 rooms for lease or sale.

An overview of Huế City. The central Thừa Thiên-Huế province has approved residential projects in the new urban area south of the city. — Photo courtesy Huế newspaper

In Thừa Thiên-Huế Province, two residential projects have been planned in the new An Vân Dương urban zone in Hương Thủy Township, covering a total area of 19.8ha.

The province has been calling for investment from domestic and foreign investors with an estimated capital of VNĐ1.78 trillion ($77.4 million) for construction in 2020-22.

It said the new An Vân Dương urban zone, 5km south of downtown Huế, was designed as a ‘green’ urban area, offering low storey buildings, township houses, trading centre, parks, wastewater treatment centre and renewable energy. — VNS

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