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Long An is looking for an investor for the Binh An Duc Hoa urban area project - where commercial apartments are allowed to be built - with a total investment of more than VND9,291 billion.
This urban area project is located in Duc Hoa Ha commune, Duc Hoa district, Long An province. According to the plan, Binh An Duc Hoa urban area has a scale of more than 13.1 hectares, with a population of more than 10,000 people. Here, investors will be able to build commercial apartments.
The project's operating period is 50 years. The project owner must complete it within 2 years from the date of investment approval.
The preliminary cost to implement the project is about 8,814 billion VND. In addition, the amount for compensation and site clearance is more than 477 billion VND. Thus, the total expected investment capital for the Binh An Duc Hoa urban area project is about 9,291 billion VND. Units interested in this project can submit registration documents to participate until May 31.
Long An is one of the localities on the outskirts of Ho Chi Minh City with strong urban and real estate development, attracting many large investors in recent years. In 2023, Long An attracted more than 1,200 foreign-invested projects with a total capital of nearly 11 billion USD, making this province one of the top provinces in the country in attracting FDI.
Duc Hoa district alone also has a series of large-scale urban area projects with investment capital of billions of USD. Since last year, Long An has been looking for investors for the Duc Hoa - Hau Nghia new urban area (with investment capital of over 1 billion USD) and the Tan My new urban area (over 3 billion USD) in Duc Hoa district.
In particular, the new urban area Duc Hoa - Hau Nghia, with a scale of nearly 200 hectares, located in Hau Nghia town, Duc Lap Thuong and Tan My communes, Duc Hoa district, has chosen the investor as Green City Development Joint Stock Company - a subsidiary of Vinhomes.
Similarly, another company under Vinhomes - Thai Son also registered to build the new urban area of Tan My in March. The project covers an area of over 930 hectares, serving a population of nearly 81,000 people. According to the plan, the project will have over 8,300 townhouses, over 4,700 villas, 7,280 apartments and nearly 7,050 social housing units.
University (according to VnExpress)