The project will be constructed on a 15-ha site within the Eastern Industrial Park of the Dung Quat Economic Zone in Van Tuong commune, Quang Ngai province.
During a working session with the provincial leaders on February 9, PM Chinh suggested the province to mobilize resources and create motives for growth.
The Quang Ngai Provincial People’s Committee has decided to auction land use rights for more than 28,000 sq m in a residential area project north of Huynh Thuc Khang Street in Quang Ngai city, for the construction of commercial housing projects. The central province previously announced the auction of land use rights for 53 plots of land in the Go Dua Residential Area in Duc Pho town, with a total area of nearly 8,000 sq m.
It is necessary to mobilize more than VND120 trillion ($5.14 billion) to implement the Housing Development Program to 2030 and vision to 2050, which has recently been approved by the Quang Ngai Provincial People’s Committee. The central province has proposed many solutions to promote socialization in commercial and urban area housing projects.
Central Quang Ngai province has approved three residential projects with total investment of more than VND3.6 trillion ($154.8 million). The province has recently ended a number of private residential projects for review, then used bidding and not investor appointments, as previously.
Central Quang Ngai province has not met its plan on collecting land use fees in recent years due to many factors but especially Covid-19. It aims to collect land use fees totaling more than VND3.3 trillion ($143.85 million) next year.