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Approval of investment policy for Song Cau Mountain Eco-Urban Area Project

Khanh Hoa Provincial People's Committee has just issued a Decision approving the investment policy of the Song Cau Mountain Eco-Urban Area Project (Khanh Vinh Commune).

Báo Khánh HòaBáo Khánh Hòa17/07/2025

A corner of Song Cau commune (old) now Khanh Vinh commune.
A corner of Khanh Vinh commune.

Accordingly, the project will include housing projects, public utilities and complete urban functions, to fully meet the living, working and entertainment needs of local people. The project has a land use scale of about 250 hectares, with a population of about 20,897 people. Of which, the land fund for commercial housing development is expected to be more than 47 hectares; the land fund for high-rise housing development is nearly 5 hectares; the land fund for social housing development is nearly 13 hectares... The project has a total investment of more than 5,800 billion VND. The project aims to build a new modern urban area with synchronous technical and social infrastructure, creating a civilized and environmentally friendly living space, and at the same time realizing the approved plans.

Regarding the investment plan for construction and management of urban infrastructure within and outside the project, the investor is responsible for investing in construction and handing over to the locality for management all technical infrastructure works, social infrastructure of the urban area, and public works planning that have been invested in infrastructure. At the same time, the investor is responsible for investing in connecting the project's technical infrastructure system with the technical infrastructure of residential areas planned for renovation adjacent to the project boundary. The investor is retained to invest in building houses for business on adjacent residential land areas, villa land, mixed-use apartment land; commercial and tourism service land; thematic parks.

The project implementation period is 7 years from the date the Provincial People's Committee issues the decision to select the investor, expected from the fourth quarter of 2025 to the fourth quarter of 2032. The project operation period is 50 years, calculated from the date the investor is allocated land, leased land, and changes the land use purpose.

MANH HUNG

Source: https://baokhanhhoa.vn/xa-hoi/202507/chap-thuan-chu-truong-dau-tu-du-an-khu-do-thi-sinh-thai-nui-song-cau-df67f95/


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