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New urban area to be developed along Hoa Quy-Dong No river

By DA NANG Today / DA NANG Today
February 19, 2020, 17:24 [GMT+7]

Following recent approval from the Da Nang authorities, new riverside eco-urban area will be developed along Hoa Quy-Dong No river in the eastern side of the city.

Developed by the city-based Dia Cau JSC, the 118,101 m2 project will use over 3,441 billion VND for infrastructure construction.

Under the project, residential land lots, riverside villas, preschools, a shopping area with a synchronous technical infrastructure system, drainage system and green space will be created.

Previously, the municipal authorities had given a nod for the Sai Gon-Da Nang Investment Corporation to develop a 1,676m2 project with a total investment of over 160 billion VND on the A1 land lot of the An Vien residential zone Son Tra District’s Tho Quang Ward. Under the project, a trade centre, apartments and offices for lease will be created .

By TRIEU TUNG - Translated by MAI DUNG

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