Around 100 resettlement houses in the Hung Long Open Economic Ecological Urban Area in Dong Nai Province were handed over to households in Long Thanh District on Thursday, five years after the project was kicked off.
Around 100 resettlement houses in the Hung Long Open Economic Ecological Urban Area in Dong Nai Province were handed over to households in Long Thanh District on Thursday, five years after the project was kicked off.
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| Resettlement houses of Hung Long Open Economic Ecological Urban Area in Dong Nai province that were transferred to local people on Thursday. |
According to the project’s investor, Dong Nai Agriculture Service Cooperative Alliance (DonaCoop), the technical infrastructure of the project’s first phase has been completed.
The complex, also known as DreamLand City, covers 1,500 hectares and consists of five component projects with an initial investment of around US$2 billion.
Bui Thanh Truc, general director of DonaCoop, said that protracted economic difficulties in the past time have partly affected the slow progress of the project. DonaCoop will complete major roads of the urban area in April and carry out the second phase of components projects next year.
Truc said that DonaCoop would continue to transfer an additional 200 houses for customers in the fourth quarter and 500 more houses late next year.
The project’s investor will sound out the purchasing power by launching the sale of some 300 land lots and townhouses by March and launch 700 more products this year. The selling price has yet to be announced.
(Source: SGT)
