$1.1 bln expressway proposed to connect Phu Yen and Dak Lak provinces
The two provinces will merge from July 1 to form new Dak Lak province.
Phu Yen to build railway link with central highlands
169-km railway line to connect south-central province and highland localities.
Phu Yen developing urban areas along Ba River
The Phu Yen Provincial People’s Committee has requested that the consulting unit soon complete a proposal for an urban development area along the two banks of the Ba River. An area of more than 22,000 ha in the south-central province will receive investment in the construction of highlight projects such as islands, symbolic bridges, eco-tourism, a health rehabilitation center, a wildlife sanctuary, and golf villas.
Phu Yen to auction land use rights for major projects
South-central Phu Yen province will auction the land use rights for three housing projects with a total area of more than 50,000 sq m, a population of over 5,000 people, and total investment of some VND4 trillion ($170.8 million). The province has set a target of reaching a per capita housing area of 28 sq m by 2025 and 31.7 sq m by 2030.
Phu Yen’s real estate supply lively
Seven housing projects and six resort and vacation real estate projects were implemented in the south-central province Phu Yen during the third quarter of 2021. Seven other housing projects are completing procedures to kick-off construction, while three are completing procedures for investor recognition and six are selecting investors.
Phu Yen to use land to fund infrastructure
In order to exploit the potential of its land fund to generate budget revenue to prioritize infrastructure investment, south-central Phu Yen province will hold auctions and tenders for 318 projects and land plots with a total area of nearly 513 ha. It is expected that the province will collect more than VND35.647 trillion ($1.5 billion).