Over $1 bln to be poured into three urban projects in Mang Den

The Quang Ngai Department of Construction has announced that the province has signed agreements with investors to implement three major urban development projects in Mang Den commune, with a total investment capital of VND27 trillion (over $1 billion).

Accordingly, Urban Area No. 1 will be developed by Sun World Group Co., Ltd. . Spanning over 264 ha, the project is designed to accommodate a population of more than 7,700 people.

With a total investment of over VND6.7 trillion (over $258 million), the project focuses on developing synchronous technical and social infrastructure while preserving the ecological space and natural landscape characteristic of Mang Den. The project is expected to be completed after nearly 9 years of construction.

Urban areas No. 4 and 5 will be developed by Nam Viet Infrastructure Management Co., Ltd. and its partners. Notably, Urban Area No. 4, covering over 247 ha, holds the largest investment share among the three projects.

It is expected to play a crucial role in establishing modern urban functional zones with a diverse range of real estate products. The project aims to serve a population of over 11,400 people with an implementation period of more than 10 years.

Meanwhile, Urban Area No. 5 covers more than 276 ha with a projected population of over 30,000 people and a total investment of approximately VND9.8 trillion (nearly $377 million). Once completed, this project will help finalize the urban space and create a seamless link between functional zones within Mang Den.

Mang Den (part of the former province of Kon Tum that had been merged with Quang Ngai, since July 1, 2025) has been earmarked for development as a center for eco-tourism, luxury resorts, and unique cultural experiences in the Northern Central Highlands.

Following its administrative merger with Quang Ngai Province, these urban projects are expected to complete the local infrastructure and create a "magnet" for further tourism investment.

Often referred to as "Vietnam’s second Da Lat," Mang Den is expected to become a key driver for the socio-economic growth of Quang Ngai Province.