The central city of Da Nang has granted a licence to the VinaCapital Fund to build a US$325 million urban area in the eastern area of the Han River Bridge, the largest real estate project in the city so far.
The 9-ha VinaCapital Square urban area will house two shopping centres, covering 30,000 square metres each, a 5star hotel with 300 rooms and a 4 star hotel with 300 rooms, and a 25,000-square metre convention and exhibition centre.
Apart from a 42-storey office for lease building, view to Song Han river and Son Tra island.
Apart from a 42-storey office for lease building, view to Song Han river and Son Tra island.
VinaCapital will also build more than 1,000 high-grade apartments (120 - 125 m2 ) and about 300 villas (180 m2/ villas ).. All Car park underground.
Set to work in quarter 3/2008, with stage 1 capital is 125 million USD. Anticipation, finished work at 2011.
Set to work in quarter 3/2008, with stage 1 capital is 125 million USD. Anticipation, finished work at 2011.
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