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Quang Tri lures urban development projects

The People’s Committee of Quang Tri province has granted investment licences to TNG Holdings Vietnam to build two urban areas in Dong Ha city with a combined investment of nearly 1.8 trillion VND (over 78.2 million USD).
Quang Tri lures urban development projects ảnh 1Illustrative image (Photo: VNA)

Quang Tri (VNA) – The People’s Committee ofQuang Tri province has granted investment licences to TNG Holdings Vietnam tobuild two urban areas in Dong Ha city with a combined investment of nearly 1.8trillion VND (over 78.2 million USD).

The committee has also approved investment plans for five urban development projectsworth over 1.72 trillion (over 74.7 million USD), which will cover a total areaof 104 ha in Dong Ha city.

Quang Tri has been attracting big investors operating in the fields of energyand processing, providing jobs for a large number of labourers but also increasingdemand for housing and services.

Dong Ha aims to become a second-tier city in2020. To that end, its infrastructure needs to be perfected, meeting the standardsof a second-tier city and look towards the status of a first-tier one.

As well as developing urban infrastructure, investors have focused on buildingcoastal ecological urban areas, urban areas with completed infrastructure, andareas with infrastructure for the trade and service sectors.  

Coastal areas in Quang Tri are also attracting businesses and investors indeveloping ecological urban areas and resorts./.  

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