On the morning of May 11, in Thanh Nua commune, Dien Bien Provincial People's Committee coordinated with Vingroup Group to organize the groundbreaking ceremony of the New Urban Area, resort tourism and sports services project in the Northwest, Dien Bien Phu ward.
The ceremony was attended by Member of the Party Central Committee, Deputy Prime Minister Nguyen Van Thang; leaders of ministries and central agencies; leaders of Dien Bien province, along with representatives of Vingroup and a large number of local people.
The project is developed according to the "city in the heart of the city" model with a scale of up to 228 hectares, the largest in the province (belonging to Dien Bien Phu ward and Thanh Nua commune).
The investor implementing the project is Green City Development Joint Stock Company (owner of Vinhomes - directly under Vingroup Group).
The total estimated investment capital of the project is more than 23,660 billion VND. The project has a population scale of about 12,000 people, with a total land use area of about 228 hectares.
The project includes: townhouses, villas, social housing, high-rise commercial and service buildings, international standard golf course complex...
The project is expected to provide about 2,812 low-rise houses (investors will build rough, complete the facade), including 1,836 townhouses and 975 villas.
For social housing, the project allocates a land fund of 98,609 m2 to invest in building apartment blocks up to 8 floors high.
Notably, the project plans a land fund of nearly 87 hectares to develop an 18-hole golf course, golf course and golf practice ground.
At the ceremony, Mr. Le Khac Hiep - Vice Chairman of Vingroup Group - wished that the project would contribute to making Dien Bien a dynamic destination for tourism, services and modern urban areas, while improving the quality of life for people and creating sustainable values for the future.
Mr. Le Van Luong - Chairman of Dien Bien Provincial People's Committee - also committed to always accompanying and maximally supporting investors, continuing to direct levels and sectors to create the most favorable investment and business environment; promoting the spirit of receptiveness and cooperation, together building Dien Bien into a strategic destination for investment.
According to the approved progress, the project will be basically deployed within 54 months from the date the project is approved to investors.
Phase 1 (Q4/2026 to Q4/2028) will prioritize investment in technical infrastructure construction, 18 golf holes, sports service works and high-rise commercial service works.
Phase 2 (Q4/2028 to Q4/2030) will invest in synchronously building the remaining architectural works of the project.
