Can Tho (VNA) – The Mekong Delta cityof Can Tho will kick-start the construction of five new urban areas this year.
The municipal People’s Committee has justapproved the addition of these projects to the investment list of building new urbanand residential areas in the city for the 2018-2020 period.
Three of the urban areas will be located in CaiRang district, one of which is the Nam Can Tho new urban area, known as RiverineCan Tho City, which is designed to be a high-end residential area along with anoffice, trade, resort and entertainment complex.
Invested by the Nam Can Tho Development and InvestmentJSC, the project is worth over 2.6 trillion VND (112 million USD) and willcover 99.86 ha. It is scheduled to be put into operation in 2024.
Meanwhile, the Hai Dang urban area – invested inby the joint venture of Saigon Real Estate and Investment Management JSC, HaiDang Real Estate Investment JSC, Hai Dang Investment Construction JSC, and QuocLoc Phat JSC – will cover 54.1 ha with a total investment of nearly 4.4trillion VND. It is expected to be put into use in 2025.
The Zone 1, Lot 6C urban area project will bebuilt on 26.98 ha with a total investment of 955 billion VND by Hong Loan RealEstate Trading and Construction JSC and completed in 2023.
In Ninh Kieu district, the joint venture of HaiPhat Investment JSC, Civil Engineering Construction Corporation No.5, and DaiDong A Investment JSC will invest 4.16 trillion VND in a new urban area in AnBinh ward. The project is set to be put into operation in 2021.
In An Thoi ward, Binh Thuy district, the GD LandLtd., Co. and CADICO JSC joint venture will be responsible for a new urbanproject worth 465 billion VND. The project will cover 30.04 ha and be put intooperation in 2023.–VNA
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A view of Can Tho city (Photo: VNA) 
