A series of trillion-dong projects are being accelerated in Da Nang

Nguyễn Linh |

Da Nang - A series of key projects with a total investment of tens of thousands of billions of VND are being accelerated.

On July 5, according to the Da Nang City Statistics Office, the Lien Chieu Port Construction Investment Project - Shared Infrastructure Part with a total investment of VND3,426 billion (of which the central capital is VND2,995 billion) started in December 2022 and is being accelerated. As of June, the cumulative implementation volume reached VND 2,270 billion.

Along with that, people's projects and urban beautification are also being promoted. The project to upgrade and renovate March 29 Park with a total cost of nearly 673 billion VND has been officially constructed since April 2025, and the accumulated volume has reached nearly 12 billion VND. Another important public project is the renovation of the drainage system and undergrounding of cables on 4 central routes (Phan Chau Trinh, Le Loi, Hoang Dieu, Ong Ich Khiem) with the accumulated implementation volume to date reaching 8.7 billion VND.

In parallel with public investment, private capital flows are creating heat for the Da Nang market. Notable in this investment block is the Olalani Riverside Tower super project, a luxury apartment complex along the Han River with a total investment of up to VND 7,650 billion. Providing about 2,500 5-star apartments, the project has achieved an investment capital value of VND 1,434 billion, equivalent to 18.7% of the total investment.

Meanwhile, in the central area, the TTC Plaza Da Nang Project is being implemented with a total investment of nearly 3,000 billion VND. In the coastal tourism and resort segment, the Sunsea Towers Project also participates with a total investment of VND 1,140 billion. This complex project including a commercial center and luxury apartments has completed an estimated investment capital value of VND 338 billion by the end of the quarter.

Nguyễn Linh
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