Da Nang approves investment policy for coastal apartment project, total capital of 628 billion VND
Hung Anh Land Company Limited was approved by Da Nang city to invest in the Han River coastal park apartment project, with a total capital of more than 628 billion VND.
On August 19, the Department of Planning and Investment of Da Nang City announced that the City People's Committee has just issued a decision approving the investment policy and simultaneously approving the investor of the Han River Coastal Park Apartment project.
The investor implementing the project is Hung Anh Land Company Limited.
The land area for the Han River Coastal Park apartment project is 2,117m2. Of which, the construction floor area is 7,600 m2 (floor area of commercial apartments) and 877.10 m2 (floor area of tourist apartments).
The type of housing is commercial housing (apartment); the number of floors (including the attic) is 29; there are 3 basements.
The business form is for sale or lease according to current law. The total investment capital of the project is more than 628.8 billion VND.
According to the Department of Planning and Investment of Da Nang, the project implementation progress is from the third quarter of 2024 to the second quarter of 2028.
The Han River Coastal Park Apartment Project is invested with the aim of investing in and building a civilized and modern apartment complex including residential apartments combined with commercial services, tourist apartments with full support facilities such as community living area, kindergarten, parking area... with a synchronous technical infrastructure system and business services for apartment sales; commercial premises for lease.
Forming a new apartment complex at Lot B4-3 of the Han River tourist service area, partly solving the growing housing demand in Son Tra district, Da Nang city.
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| Da Nang City approved the investment policy at the same time as approving the investor of the Han River Coastal Park Apartment project. |
According to the Department of Planning and Investment of Da Nang City, to date, the city has 777 domestic projects with a total investment of more than VND255,143 billion. Of these, there are 378 projects outside industrial parks with a total investment of VND220,676 billion; 399 projects in industrial parks with an investment of VND34,466 billion.
Regarding foreign investment capital, as of July 30, Da Nang city attracted 29.835 million USD, an increase of 8.18% over the same period. Of which, 44 newly licensed projects with newly registered capital of 24.106 million USD; 16 projects adjusted to increase or decrease capital with a total capital of 4.830 million USD... Up to now, Da Nang city has 1,012 FDI projects, with a total investment capital of more than 4.35 billion USD.
In 2024, Da Nang City will implement the theme "Year of promoting administrative reform, strengthening discipline and order, continuing to unlock investment resources, promoting economic growth and ensuring social security".
Therefore, the City focuses on solutions to increase domestic and foreign investment attraction. Investment promotion activities are implemented synchronously and effectively, contributing to the socio-economic development of the City.
Source: https://baodautu.vn/batdongsan/da-nang-chap-thuan-chu-truong-dau-tu-du-an-can-ho-ven-bien-tong-von-628-ty-dong-d222742.html
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