On September 11, the Management Board of Quang Nam Economic Zones and Industrial Parks (under the People's Committee of Da Nang City) issued Decision No. 327/QD-KKTCN approving the investment policy and investor of the An Phu Social Housing Project in Quang Phu Ward.
The project is invested by Quang Nam Infrastructure Development Investment Joint Stock Company, with a total investment of nearly VND588 billion, and a land area of 20,000m2.
The project scale includes 4 blocks (A1, A2, B1, B2) with 9 floors, expected 700 apartments. The first floor has commercial - service space, building management rooms, apartments... From the 2nd to the 9th floor are apartments.
The investment project to complete and synchronize technical infrastructure: transportation, power supply, public lighting, communication, water supply, drainage; environmental sanitation works, garbage collection and wastewater treatment areas...
The project will be implemented from the third quarter of 2025 to the fourth quarter of 2028.
Phase 1: From the third quarter of 2025 to the second quarter of 2027: Complete investment procedures; deploy investment in the construction of apartment blocks A1, A2 and technical infrastructure works; acceptance is completed and put into operation.
Phase 2: From the third quarter of 2027 to the fourth quarter of 2028: Invest in the construction of apartment blocks B1, B2; acceptance, completion and operation.