Signing of credit contract to finance project implementation of 800 billion VND

Orient Commercial Joint Stock Bank (OCB) - Binh Dinh Branch and Grand Viet Hung Company Limited have just signed a credit contract for the Southern Urban Area of ​​Viet Hung Gas Station.

Signing of credit contract to finance project implementation of 800 billion VND

Orient Commercial Joint Stock Bank (OCB) - Binh Dinh Branch and Grand Viet Hung Company Limited have just signed a credit contract for the Southern Urban Area of ​​Viet Hung Gas Station.

Previously, on December 28, 2024, Orient Commercial Joint Stock Bank - Binh Dinh Branch and Grand Viet Hung Company Limited signed a credit contract worth 350 billion VND to finance the payment to the State budget, construction of Shophouse Residential Area, Commercial Center to complete the project and hand over the Land Use Rights Certificate to investors in 2025 at the Urban Area South of Viet Hung Gas Station.

Perspective of the Urban Area project south of Viet Hung petrol station

Grand Viet Hung urban area has a total investment of 800 billion VND; scale of 373 shophouses and adjacent residential land, commercial center, school, cinema.

The project is located in Hoai Nhon Town, Binh Dinh Province, invested by Grand Viet Hung Company Limited, located right at Tam Quan fishing port in Tam Quan Bac ward; owns a prime location at the bustling commercial intersection of the area and lies between two main roads: old National Highway 1A - new National Highway 1A.

Recently, the project was honored as “Worth Living Project 2024” at an event organized by Business Forum Magazine. This award is part of the annual program “Worth Living Project”, evaluated by real estate experts under the direction of the Vietnam Federation of Commerce and Industry (VCCI).

Grand Viet Hung Urban Area project is recognized for its investment in modern infrastructure and synchronous utilities, including green parks, commercial areas, schools and medical services.

According to the general orientation of Binh Dinh province, after 2025, Hoai Nhon Town will be a new growth pole in the North of the province, meeting the standards of a type III urban area. By 2030, Hoai Nhon Town will become the second city directly under the province and become a core urban area, developing in an ecological and sustainable direction. Grand Viet Hung expects the project to create a spillover effect to form a modern urban appearance in the North of Hoai Nhon Town. Thereby, contributing to enhancing the modernity of the area and becoming the busiest commercial area in the North of Binh Dinh province.

According to data from the Department of Planning and Investment of Binh Dinh, Grand Viet Hung Company Limited is a project enterprise recognized under Decision No. 1409/QD-UB dated May 1, 2022 of the People's Committee of Binh Dinh province.

This enterprise is contributed by MBLand Corporation Joint Stock Company (Floor 4, Keangnam Tower A, Area E6, Cau Giay New Urban Area, Hanoi) and Tasmania Binh Dinh Joint Stock Company (No. 215, 3/2 Street, Tam Quan Ward, Hoai Nhon Town, Binh Dinh Province).

Contact information:

TASMANIA BINH DINH JOINT STOCK COMPANY

Head office: No. 215 3/2 Street, Tam Quan Ward,

Hoai Nhon Town, Binh Dinh Province, Vietnam

Website: www.grandviethung.com.vn

Fanpage: https://www.facebook.com/GrandVietHung.Official/

Hotline: 0906403443

Source: https://baodautu.vn/batdongsan/ky-ket-hop-dong-tin-dung-tai-tro-von-thuc-hien-du-an-800-ty-dong-d237500.html