New Luxury Urban Project Worth Nearly 3.8 Trillion VND in Ha Nam Gets Investor
Introduction:
A new exciting development is taking place in Ha Nam, Vietnam, with a luxury urban project worth close to 3.8 trillion VND. The project has recently secured an investor, paving the way for its construction and development. Let’s delve into the details of this impressive project.
Project Details and Investor Announcement
The Ha Nam Department of Planning and Investment has announced that the project to construct the Nam Cao University Town has found its investor. The project, located in Duy Tien District, will be carried out by a joint venture between Amazon River Corporation and Phat Dat Real Estate Trading JSC.
Project Overview and Investment Scale
In March 2023, Ha Nam issued an invitation for investment in this project, which covers an area of approximately 101.5 hectares in various wards and communes of Duy Tien District. The total investment for the urban development project is estimated to be 3.33 trillion VND, excluding the land cost of 451 billion VND. The project is scheduled to be implemented from 2022 to 2028.
Successful Bidders
Two investors expressed their interest in the project, including the joint venture Amazon River – Phat Dat and Viet – Stone Mineral Trading Co., Ltd. Both investors surpassed the preliminary evaluation of their capabilities and project experience.
Recently, on February 22nd, the joint venture Amazon River – Phat Dat was announced as the winner of the project. A day before that, these two companies jointly established the Duy Tien New Urban Area Co., Ltd., with a charter capital of 600 billion VND, in which Amazon River contributes 35% and Phat Dat contributes 65%.
Project in Phu Ly City
In the same month, another urban development project, the Nam Cao University Town, located in Phu Ly City, announced its successful bidder. The project covers a research area of nearly 300 hectares, with a total investment of over 6.369 trillion VND. The winning bidder for this project is a joint venture between Viet – SK Group.
Viet – SK Group, established in September 2022, initially had a charter capital of 86 billion VND, contributed equally by Pham Ngoc Anh and Nguyen Anh Tuan. Later, the charter capital of Viet – SK Group was raised to 968 billion VND, with both Pham Ngoc Anh and Nguyen Anh Tuan contributing 484 billion VND each, representing 50% of the charter capital.
With these developments, the urban landscape of Ha Nam is set to transform, attracting both investors and residents with its luxurious and modern offerings.