Da Nang approves investment plan for beachfront apartment project, total capital 628 billion VND.
Hung Anh Land Co., Ltd. has received approval from Da Nang City for the investment plan of the Han River waterfront park apartment project, with a total capital of over 628 billion VND.
On August 19th, the Da Nang City Department of Planning and Investment announced that the City People's Committee had approved the investment policy and the investor for the Han River waterfront park apartment project.
The investor implementing the project is Hung Anh Land Co., Ltd.
The land area for the Han River Coastal Park apartment project is 2,117 m2. Of this, the construction floor area is 7,600 m2 (commercial apartment floor area) and 877.10 m2 ( tourist apartment floor area).
The type of housing is commercial housing (apartment building); the number of floors (including the penthouse) is 29; there are 3 basement levels.
The business model is for sale or lease in accordance with current laws. The total investment capital for the project is over 628.8 billion VND.
According to the Da Nang Department of Planning and Investment, the project is scheduled for implementation from Q3/2024 to Q2/2028.
The Han River Coastal Park Apartment Project aims to invest in and build a modern and civilized apartment complex comprising residential apartments combined with commercial and service facilities, and tourist apartments with full supporting amenities such as community living areas, kindergartens, parking spaces, etc., with a synchronized technical infrastructure and business services system for selling apartments and leasing commercial space.
The construction of a new apartment complex at Lot B4-3, Han River waterfront tourism service area, will partially address the growing housing needs in Son Tra district, Da Nang city.
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| The city of Da Nang has approved the investment policy and simultaneously approved the investor for the Han River waterfront park apartment project. |
According to the Da Nang Department of Planning and Investment, the city currently has 777 domestic projects with a total capital of over 255,143 billion VND. Of these, 378 projects are located outside industrial zones with a total investment of 220,676 billion VND; and 399 projects are located within industrial zones with an investment of 34,466 billion VND.
Regarding foreign investment, as of July 30th, Da Nang city attracted $29.835 million, an increase of 8.18% compared to the same period last year. This includes 44 newly licensed projects with registered capital of $24.106 million; and 16 projects with adjusted capital (increases or decreases) totaling $4.830 million… To date, Da Nang city has 1,012 FDI projects with a total investment of over $4.35 billion.
In 2024, Da Nang City implemented the theme "Year of accelerating 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 enhance the attraction of domestic and foreign investment. 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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