Da Nang seeks solutions for restaurants and marinas south of Han River port

Da Nang seeks solutions to restaurants and marinas south of Han River port

The restaurant and marina project south of Han River port of IVC Company Limited has not yet finalized a treatment plan, even though it has been abandoned for a long time.

IVC Company Limited has proposed to Da Nang City a solution to the problem at the Restaurant and Marina project south of Han River Port.

The Legal Committee of the Da Nang City People's Council has forwarded this enterprise's petition to the Da Nang City People's Committee for consideration and resolution.

According to the People's Committee of Da Nang City, the City has sent a document asking for opinions from the Standing Committee of the City Party Committee and the Standing Committee of the City Party Committee regarding the content of the proposal of IVC Company.

Restaurant and Marina Project South of Han River Port.

Implementing the direction of the Standing Committee of the City Party Committee in Notice No. 593-TB/TU dated March 19, 2024, the People's Committee of Da Nang City assigned the Department of Construction to preside over and coordinate with relevant units to receive the opinions of the Standing Committee of the City Party Committee, complete the dossier and report to the City People's Committee for consideration and decision.

The project occupies a large area on the Han River.

In particular, Da Nang City noted the need to clarify and provide complete information and related documents on planning policies in the area.

In addition, orientation, proposed handling plan, compensation value (if any), and direction to resolve investor requests.

The restaurant and marina project south of Han River port is invested by IVC Company Limited.

The restaurant and marina project south of Han River port is invested by IVC Company Limited of Mr. Phan Van Anh Vu (aka Vu "Nhom").

The project completed the restaurant in 2017, but then stopped due to the case of Mr. Phan Van Anh Vu.

It is known that the project is built on a total area of 4,000 m2; of which the ground area accounts for 2,100 m2 and the water surface area accounts for 1,900 m2.

After many years of inactivity, the project has deteriorated and fallen into disrepair.

In 2018, the Standing Committee of the Da Nang City Party Committee assigned the Party Committee of the City People's Committee to direct the work with the investor to mobilize project recovery; study the conversion of the project's function towards public exploitation or demolition to create open space to the west of the Han River.