Authorities of central Thanh Hoa province are seeking investors for a VND809 billion ($31.8 million) residential project in Dong Son district.

Of its estimated capital, some VND766.8 billion ($30.1 million) will be spent on construction, and the remaining on compensation and resettlement, according to the provincial Department of Planning and Investment.

The project will cover over 13.7 ha, of which, 10,978 sq m will be allocated for construction of social houses.

It is expected to have a population of some 2,200.

Applications for the project implementation will be opened till June 12.

The project is aimed at meeting housing demand of local residents, developing infrastructure and contributing to the province’s socio-economic development.