In particular, this route also brings investment potential to the urban areas it passes through, including the Central Park Residences tower located in the green metropolis Eco Central Park of the founder of Ecopark.
Announcement of the "strategic route" Nguyen Sy Sach extended in the first quarter of 2024
The Nguyen Sy Sach extended road project (Vinh city, Nghe An) is considered as the "arrow to expand Vinh urban space". The road has a total length of more than 6.3km, stretching through the communes of Hung Loc, Hung Hoa and Hung Dung ward, Vinh city. The starting point of the main route is Km0+00 (intersection with Nguyen Phong Sac road), the end point is Km6+327.04 (connecting to the Lam River road). This is also an extremely important traffic route, connecting the center of Vinh city with the Lam River dike road, connecting Cua Lo beach tourist area and Cua Hoi bridge connecting to Ha Tinh province.
The project started in 2018, with the aim of ensuring a synchronous technical infrastructure system, forming a landscape architectural space axis for the eastern area of the city. Thereby creating a highlight, opening up opportunities to attract investment, contributing to promoting socio-economic development for the city.
Recently, the representative of Vinh City's leadership, Mr. Nguyen Sy Dieu - Vice Chairman of the City People's Committee affirmed: "By the end of December, at the latest in early January 2024, all site clearance will be completed. When the site is available, with this construction volume, I believe that the contractor will complete the route in the first quarter of 2024". Mr. Nguyen Sy Dieu also added that the city is also in the process of carrying out the next procedures to continue implementing phase 2 of the project by mid-2024, which is to expand the entire Nguyen Sy Sach route to both sides.
Central Park Residences is "extended"
In the province's development plan, Nghe An identified that the extended Nguyen Sy Sach Street will be one of the important "arrows" to expand Vinh's urban space. This is a direction where land funds are still quite abundant, but infrastructure is not yet commensurate with the potential geographical position of the area. The completion of investment and construction and the opening of the road will stimulate "big guys" to choose Vinh city to invest in developing large-scale projects. Initially, we can mention large projects such as Eco Central Park or the city's 100ha regulating lake project funded by the World Bank.
As one of the "big guys" choosing Vinh city to develop the project, the founder of Ecopark is also creating the Eco Central Park project (nearly 200 hectares wide) to become a typical project, contributing to changing the local appearance.
In the green metropolis Eco Central Park, the high-rise subdivision Central Park Residences has just been introduced to the market and immediately received the attention of investors as well as residents who want to live in a serviced apartment with 5-star hotel standard amenities, appearing for the first time in Vinh city. Therefore, the official information about the opening of the extended Nguyen Sy Sach road in the first quarter of 2024 has made residents and investors excited because this is a project that benefits greatly, directly from this route.
Central Park Residences is located right on the frontage of Nguyen Sy Sach extended street, which already has a diamond coordinate when it is 500m from Hung Hoa lake, 7km from Vinh city center, 11km from Vinh international airport, 13km from Cua Lo beach tourist area, 8.3km from Vinh Medical University.
If currently to travel to the above locations by car, it will take 15-30 minutes to drive. However, in the first quarter of 2024, when Nguyen Sy Sach Street is fully open and expanded on both sides of the road at the end of the second quarter of 2024, the travel time from Vinh City to Central Park Residences will be shortened to only 7 minutes, the remaining locations will only take 10-20 minutes to drive.
Thus, the strategic location here not only brings advantages in convenient traffic access but also opens up development opportunities, creating attraction for the project because according to real estate experts, the spacious and convenient street frontage helps the project become more prominent and accessible, creating favorable conditions for business, while creating a green living environment and amenities for residents.
According to an investor in Nghe An, it is not by chance that real estate investors choose areas within the planning scope of roads, bridges and residential areas because these are all “invisible levers” that help real estate prices increase rapidly in the future. When the routes are synchronized and expanded, they are also the most solid thread to connect traffic, while promoting cultural and economic exchanges between regions.
In addition to Nguyen Sy Sach Street, which Vinh City authorities are determined to complete in the first quarter of 2024 to promote local socio-economic development, the Ben Thuy 3 Bridge project, built in Hung Hoa commune, connecting Vinh City (Nghe An province) with Nghi Xuan District (Ha Tinh province), is also one of the projects included in the list of priority investment projects for the 2021-2030 period using the State budget.
Currently, Vinh city and Nghi Xuan district (Ha Tinh) are connected across the Lam River by Ben Thuy 1 bridge. After Cua Lo town merges into Vinh city in 2024, Cua Hoi bridge will be the second bridge connecting Vinh city (Nghe An province) with Nghi Xuan district (Ha Tinh province). In addition, right next to Vinh city, there is Ben Thuy 2 bridge, connecting Hung Loi commune (Hung Nguyen district) to Nghi Xuan district. Thus, when implemented, Ben Thuy 3 bridge will become the third bridge connecting the provincial center of Nghe An with the northern district of Ha Tinh. From there, it will create more momentum to connect the North Central region, especially the Southern Nghe An - Northern Ha Tinh region, contributing to the development of the whole region, especially Vinh city and Nghi Xuan district.
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