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New investment of VND 1,978 billion in urban area in southern Hung Vuong street

 

14/08/2017 14:40

 

Recently, the Provincial People’s Committee issued an approval for Hung Thinh corporation to implement the urban area construction in southern Hung Vuong street at the area 6, Nhon Phu ward, Quy Nhon city.

 

                                       A perspective of the urban area in southern Hung Vuong street

According to the project document, the new urban area covers 672,090 m2, total capital of VND 1,978 billion. The construction is planned to start in quarter 4/2017 and complete in quarter 2/2023.

The project objectives are to establish a modern residence area with comprehensive infrastructure of water supply, power supply, green environment and good convenience; independent houses, apartment building and public sections such as administrative section, kindergarten, schools and parks will be constructed in the complex.

When completed, the project will meet the housing demand of people in Quy Nhon city. It is part of the planning of Quy Nhon city in its modernization process.

This is the third project of Hung Thinh corporation in Binh Dinh. Previously, the corporation was licensed for Bong Hong Residence Area in Ghenh Rang, Quy Nhon city and a Hotel Complex project in Tam Quan town, Hoai Nhon district.

Hung Thinh corporation, which has the head office in Ho Chi Minh city, is known as one of the leading investor in real estate. The founder of Hung Thinh corporation comes from Binh Dinh province.

At present, Hung Thinh corporation is studying to make more investment in Quy Nhon city.

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