Central Thua Thien-Hue province calls for investors to build eco-urban area

The central province of Thua Thien-Hue is calling for investors to build an eco-urban area with total estimated investment capital of over VND4.3 trillion ($168 million).

Of the total investment capital, over VND3.8 trillion ($149 million) will be invested in construction while the rest will be earmarked for compensation and site clearance.

The project will cover 56.6 ha in Huong Thuy town, which borders Hue city.

Under the project, some 1,000 houses will be built, including adjacent houses and villas, providing accommodation for some 3,500 people.

Construction is scheduled to start in the second quarter of 2025 and the project is expected to be put into operation in the second quarter of 2032.

Registered investors are required to have a minimum ownership capital of over VND647.4 billion (more than $25 million), equivalent to 15% of the total investment capital.