The Department of Planning and Investment of central Quang Binh province is calling for investors to build Hai Ninh 2 urban area in Quang Ninh district.

Covering 20ha in Hai Ninh commune, the project will need estimated investment capital of over VND478 billion ($19.12 million). Of which, construction is estimated to cost VND466 billion ($18.3 million).

The project was approved by the provincial People’s Committee on April 25.

Over 68,300 sq m will be used for housing construction.

The urban area will also feature a kindergarten, sport area and a commercial and service center.

The 50-year project is to be implemented over seven years from the date of investor approval.

The deadline for investors to submit applications is June 23.