The Da Nang authorities has announced that the city will invite both domestic and foreign investors to register for land auctions for development projects.

A 61,767m2 complex of financial, commercial, entertainment, casino and luxury apartments in Son Tra District's Phuoc My Ward will be auctioned

Lands for auction will be used to develop the 24,452m² Da Nang Software Park No 2 in Hai Chau District's Thuan Phuoc Ward; a 225,923m² complex of services for the Da Nang International Fireworks Festival in Ngu Hanh Son District's My An Ward; and a 61,767m² complex of financial, commercial, entertainment, casino and luxury apartments in Son Tra District's Phuoc My Ward.

In addition, other to-be-auctioned lands include a 7,167.5m²  land lot A2.1 in the Nai Hien Dong fishing village resettlement area in Son Tra District; a 9,525m² land lot A2-2 in the An Hoa 4 residential area in Son Tra District; a 4,165.6m² land lot A1.1 and a 1,608m² land lot A9 both on Vo Van Kiet Street in Son Tra District; a 2,212.4m² land lot A2-1 in the Tho Quang Seafood Services Industrial Park in Son Tra District's Nai Hien Dong Ward;  a 4,362.3m² land lot HH2-1 in the An Hoa residential area in Cam Le District's Khue Trung Ward; and a 4,112m² land lot A1-12 in the residential area on the southern side of the Cam Le Bridge in Cam Le district.

The Da Nang Land Fund Development Centre is responsible for the auction and for handing over the land use rights to the successful bidder.

By TRIEU TUNG - Translated by M.D