May 30, 2023 | 09:15 GMT+7

Long An calls for investors in urban area

Hằng Anh -

Total investment estimated at $299mln.

The Department of Planning and Investment in the Mekong Delta’s Long An province has called for investors to invest in building an urban area in Tan An city.

Total investment capital is estimated at over VND7.1 trillion ($299 million), of which nearly VND1 trillion ($42 million) will be used for site clearance, compensation, and resettlement, and the remainder for construction.

The project will cover an area of over 130 ha, with an estimated population of more than 17,200.

The urban area will accommodate 2,482 houses, 195 villas, and 2,287 commercial houses.

Investors will be allocated around 8.6 ha of land from the State to build social housing.

Construction is scheduled to begin in the second quarter of 2025 and be completed in the fourth quarter of 2030.

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