VSIP Nghe An Co., Ltd. has recently proposed the VSIP Nghe An - Casa Bonita Residential Area project, which is part of the overall master plan for the VSIP Nghe An Industrial, Urban, and Service Park.

According to the proposal, the VSIP Nghe An - Casa Bonita Residential Area will cover a total area of nearly 32 ha in Hung Nguyen district and Vinh city, in the north central province of Nghe An.

The main objective of the project is to invest in constructing residential areas for real estate business, while also operating and managing related facilities to serve the residential and commercial needs of its inhabitants.

Additionally, the project will also involve transferring, leasing, or contributing capital through land use rights and assets attached to the land, in accordance with legal regulations.

The total investment capital for the project is estimated at approximately VND2.241 trillion ($82.9 million). According to the plan, construction investment procedures are set to be completed in the fourth quarter of 2025.

Construction is expected to commence in the first quarter of 2026, and the project is slated for operation and exploitation by the fourth quarter of 2029. The project's operational period is set to last until 2065.