FLC Group to invest in 6 projects in Quang Ngai

Nov 21st at 07:21
21-11-2018 07:21:57+07:00

FLC Group to invest in 6 projects in Quang Ngai

The central province of Quang Ngai has approved in principle FLC Group’s investment in six projects at the Van Tuong Urban Area in Binh Son District with total capital of VND13 trillion (US$557.2 million).

 

These include the Van Tuong 1 urban area with total area of 497,902sq.m; FLC Quang Ngai ecological urban area with 353,123sq.m; Van Tuong 8 urban area with 458,846sq.m; FLC Quang Ngai Golf Links with 810,442sq.m; Van Tuong 4 urban area with 404,549sq.m and Van Tuong 7 urban area with 344,315sq.m.

The province asked FLC Group to build an environmental impact assessment report for the FLC Quang Ngai Golf Links project to submit to the Prime Minister for approval.

The group was also required to quickly finish the environmental impact assessment reports for the remaining five projects and submit them to the provincial leaders for approval.

The provincial People’s Committee would work out mechanisms and policies to support people who would be affected by the projects as well as implement land clearance and resettlement.

Quang Ngai Province also instructed relevant agencies to visit localities in which FLC’s projects will be implemented, such as FLC Quy Nhon in the central province of Binh Dinh, to assess the impact of the project on local residents.

bizhub



NEWS SAME CATEGORY

Phu My Hung starts selling The Peak

Phu My Hung Development Corporation last week started selling units in The Peak, the last housing project in its Phu My Hung Midtown complex.

Prolonged success from prime quality

On November 21, Hongkong Land, Chan Hung Investment Development Co., Ltd. under the management of Vietnam Father Land Front and Manolis & Company Asia Ltd. are...

Deep C turns to green growth to develop pioneer eco-park

Deep C Industrial Zones in the northern port city of Haiphong are shaping up to become a next-generation eco-park equipped with state-of-art utilities meeting...

Time to digitise land management

The Ministry of Natural Resources and Environment (MONRE) has been working on a strategy for the development of land management for the 2020-30 period.

Quang Binh eyes tightening real estate loans

Quang Binh Province’s Department of Construction has urged commercial banks to tighten control over real estate loans to prevent speculation which is pushing up...

Ban on land transactions in Van Don to be lifted

Quang Ninh Province Department of Natural Resources and Environment has proposed removing the ban on land ownership transactions in Van Don District as land price...

Real estate promo week slated for December

Real estate week Red Friday, with special promotion programmes, will be held in Viet Nam for the first time from December 7 to 14, the Vietnam Association of...

Experts upbeat about real estate

Experts remain upbeat about the development of the property market next year, driven by huge market demand and new real estate development trends.

Viet Nam needs to develop affordable homes

The real estate market is suffering a severe shortage of affordable homes despite the segment witnessing huge demand, attendees heard at a conference on Thursday.

First real estate promotion event Red Friday slated for December

The real estate week Red Friday with special promotion programmes will be held in Vietnam for the first time, from December 7-14, the Vietnam Association of...

Real estate stocks

Construction stocks


MOST READ


Back To Top