On August 28, Da Nang held a groundbreaking ceremony for social housing at land plots B4-1, B4-2 (Ecohome Hoa Hiep Project) in the Hoa Hiep 4 resettlement land plot in Da Nang City invested by Thu Do Investment and Trading Joint Stock Company - Capital House Group.
The project will start construction in the third quarter of 2025 and is expected to be completed in the third quarter of 2029 with a total area of about 4.2 hectares. The scale of the project includes 3 buildings with 1,851 apartments, including 1,476 social housing apartments and 375 commercial apartments, with a total investment of VND2,125 billion.
The Ecohome Hoa Hiep project will integrate many internal utilities such as: shopping mall, swimming pool, roof garden, landscape garden, parking lot/ basement, kindergarten. In addition, the project also has the advantage of outdoor amenities when it is only 3km from Lien Chieu port, 1.5km of free trade zone, about 800m of primary and secondary school system and about 2km of Nam O and Hoa Khanh markets.
Speaking at the ceremony, Mr. Nguyen Van Sinh - Deputy Minister of Construction said that in recent times, the City Party Committee, People's Council, and People's Committee of Da Nang City have paid attention to and actively directed the implementation of tasks and solutions to promptly remove difficulties and obstacles to promote the implementation of social housing projects. As a result, in the period of 2021-2024, a total of 4,382 apartments have been completed and contributed to the national social housing fund.
The Prime Minister has also assigned the target of completing social housing in 2025 and the following years until 2030 for localities to add to the socio-economic development target. Accordingly, Da Nang City (after the merger) is assigned to complete 28,955 units by 2030, and 2,676 units in 2025 alone. It is expected that in 2025, the city will strive to complete the targets assigned by the Prime Minister.
The Deputy Minister of Construction requested the City People's Committee to focus on directing the completion of the plan for social housing projects in 2025, regularly urging investors to mobilize resources and be determined to reach the finish line on schedule.
"For projects with investors, it is necessary to urgently hand over land, appraise, grant licenses and start construction within the year, striving to achieve the target of 4,208 apartments according to the Prime Minister's assigned tasks.
At the same time, continue to review and supplement urban and industrial park planning, ensure land funds in favorable locations to attract people and workers. Cut down, simplify administrative procedures, create favorable conditions for businesses to boldly invest in building social housing," said the Deputy Minister of Construction.
