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Nghe An calls for investment in VND1.4-trillion riverside urban area project

By Van Ly

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HANOI – The Department of Planning and Investment of Nghe An Province has called on investors to develop an urban area project along the Vinh river in Vinh City, with a total cost of nearly VND1.44 trillion.

The riverside urban area project will cover over 20 hectares of land in Vinh Tan Ward. The project is set to border on the Nghe An Petroleum urban area to the north, be adjacent to a residential area and agricultural land to the south, a 30-meter-wide planned road to the east and the Vinh river to the west.

The project will have 157 lots of rowhouses, 84 lots of villas and 88 lots of mixed-use properties, while social houses will be built on a total area of over 14,000 square meters.

The project will operate within 50 years since the land handover date, while work on the riverside urban area project will be completed within five years since its groundbreaking date.

Investors can submit investment registration dossiers from now until March 7.

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