Long An seeks investors for residential-commercial complex

The Mekong Delta province of Long An is seeking investors for a residential and commercial complex project with an estimated investment capital of over VND10.66 trillion ($419 million).

The project will cover 85.2 ha in Thanh Phu commune, Ben Luc district.

Of the total capital, VND8.66 trillion ($340 million) is earmarked for construction and the remaining for compensation and resettlement.

The project is expected to include 698 land lots for terraced houses, 318 for villas, and 282  for settlement.

Total population is estimated at 4,800.

Construction is estimated to take six years, with the project operating for a period of 50 years.

Land clearance and resettlement is scheduled for implementation in 2024-2025 and construction to start from 2026.