In July 2025, the Department of Finance of Khanh Hoa province announced information to invite bids to select investors to implement the Song Cau Mountain Ecological Urban Area project with a scale of about 250 hectares, expected to accommodate nearly 21,000 people.
According to the bidding documents, the project aims to build a modern new urban area, synchronous in technical infrastructure and social infrastructure, creating a civilized and environmentally friendly living space, while realizing the plans approved by competent authorities.
The urban area will include housing projects, public utilities and full urban functions to meet the needs of living, working and entertainment of local people.
Specifically, the land fund for commercial housing development is expected to be more than 47 hectares; the land fund for high-rise housing development is nearly 5 hectares; the land fund for social housing is nearly 13 hectares.
The specific scale of housing structure will be determined in the detailed planning 1/500, and must comply with the zoning plan and current regulations and standards on planning and construction.
Regarding the investment plan for construction and infrastructure management, investors will be responsible for investing and handing over to localities for management of all technical infrastructure works, social infrastructure, and public works that have been invested synchronously.
At the same time, the project's technical infrastructure system must be connected to existing residential areas, ensuring synchronous connection and drainage, avoiding flooding in neighboring areas.
Investors are allowed to retain adjacent land, villa land, mixed-use apartment land, commercial tourism service land and theme parks for investment, construction and business in accordance with the approved detailed planning.
The project implementation period is expected to be 7 years, from the fourth quarter of 2025 to the fourth quarter of 2032, after the Khanh Hoa Provincial People's Committee issued a decision to select an investor.
In June 2025, the Khanh Hoa Provincial People's Council approved a list of land plots to conduct bidding to select investors to implement land use projects, including Song Cau Mountain Ecological Urban Area (phase 1) with a total investment of up to VND 5,800 billion.
Based on the project proposal presented by An Khanh Housing Investment Company Limited, the Department of Finance of Khanh Hoa province has coordinated with departments, branches and localities to conduct appraisal and determine that the project dossier is eligible for bidding according to regulations.
The project fully meets the conditions of area (over 20ha), population (over 20,000 people), in accordance with the approved provincial development plan, Khanh Vinh district regional planning and the general construction plan of Song Cau commune until 2030, with a vision to 2040.
