Approved investment policy for two urban projects worth over 54,000 billion in Dung Quat

(Quang Ngai Newspaper) - Two urban projects in Dung Quat Economic Zone (Quang Ngai), with a total capital of more than 54,000 billion VND (2.13 billion USD), have just been approved in principle for investment by Deputy Prime Minister Tran Hong Ha.

Perspective of Southeast Dung Quat Urban and Service Area

The two projects include the Dung Quat Southeast New Urban Area - North and the Dung Quat Southeast New Urban Area - North. Of which, the Dung Quat Southeast New Urban Area - North project has a scale of about 1,320 hectares, including 1,668 villas and townhouses, an 18-hole golf course and an expected population of nearly 86,000 people. The land fund for social housing development is nearly 31 hectares. The total investment is about VND 27,000 billion, including compensation, support and resettlement costs.

The Southern project is larger in scale, about 1,377 hectares, with 935 villas and townhouses, an 18-hole golf course, a population of about 68,700 people and more than 24 hectares of land for social housing. The total estimated investment capital is VND 27,500 billion. Both projects will be implemented in the period of 2023-2037, with an operating period of no more than 70 years from the date the investor is granted the land allocation decision. The selection of investors will be carried out through bidding in accordance with current legal regulations.

Source: https://quangngaitv.vn/duyet-chu-truong-dau-tu-hai-du-an-do-thi-hon-54-000-ty-tai-dung-quat-6504428.html