On Sunday, an agreement to develop the Riverside Green City Urban Area project was signed in Da Nang between the Dat Xanh Mien Trung Company and the Dat Quang Company.

Located along the Co Co River at the administrative boundary between Da Nang and Quang Nam Province, the project will cover an area of 15.1 ha.  The project will be designed as a model of Singapore City, with a total investment of 180 billion VND used for infrastructure construction.

Infrastructure for the project’s central park is now under construction, and 100 residential land lots and riverside villas will be created by June 2015.

There will eventually be a total of 500 residential land lots, plus restaurants, hotels and supermarkets. The project is expected to be completed within 2 years.