Vietnam Central City Disburses US$1.04B of Registered Realty Projects so far
Vietnam’s central city of Danang has disbursed US$1.04 billion or 60% of the licensed realty projects costing US$2.6 billion so far, the Danang Investment Promotion Center (IPC) said.
Investors have just started construction of 95 out of 157 properties projects licensed by the city authorities, Head of IPC Lam Quang Hien said.
The local government has asked investors to speed up projects including VinaCapital’s US$325-million Capital Square complex.
Investors of Vien Dong Meridian Tower, the highest-ever tower in central Vietnam, have been asked twice.
Vietnamese
