On February 5, Quang Ngai Department of Construction signed contracts with selected investors to implement 3 urban area projects No. 1, 4 and 5 with a total scale of nearly 790ha, total investment of nearly 27,000 billion VND in Mang Den commune.
Previously, Quang Ngai Provincial People's Committee approved the investor selection results through bidding for the above projects.
Specifically, Sun World Group Co., Ltd. is the investor implementing the Urban Area No. 1 project, with a scale of more than 264ha, total investment of about 6,700 billion VND, implemented in 105 months.
The consortium of Nam Viet Infrastructure Management Co., Ltd. and Phu Quoc Star Real Estate Management Co., Ltd. is the investor to implement Urban Area No. 4, with a scale of 247.4ha, total investment of 10,400 billion VND, implemented in 117 months.
Nam Viet Infrastructure Management Co., Ltd. is the investor implementing the Urban Area No. 5 Project, with a scale of nearly 277ha, total investment of more than 9,777 billion VND, implemented in 105 months.
The projects have a total scale of nearly 790ha, a total investment of nearly 27,000 billion VND, providing more than 14,000 real estate products of all kinds, a population scale of nearly 50,000 people; are called for investment with the goal of concretizing the planning of the Central Highlands region, the general construction plan of Mang Den Tourist Area.
According to Mr. Nguyen Phuc Nhan - Director of Quang Ngai Department of Construction, these are all large-scale infrastructure projects, promising to create a clear mark on the journey of building and developing Mang Den into a dynamic economic region according to orientation and planning.
This event is also a positive sign about attracting investment in the province. Therefore, the locality is committed to accompanying and providing maximum support for investors to implement projects to ensure progress, soon put them into operation, and serve local socio-economic development.
In addition, the Quang Ngai Department of Construction also reminded investors about project progress milestones, coordination, allocation of funds for site clearance, ensuring contract implementation and resettlement, preserving indigenous cultural values, avoiding strong impacts on the environment, landscape and terrain...
According to the investor representative, the projects in Mang Den are a starting point, opening up a serious and long-term investment journey in Quang Ngai that the enterprise has oriented. Therefore, after the contracts take effect, the investor commits to comply with the project schedules set out, allocate sufficient investment resources, and continuously implement projects to build synchronous infrastructure, bringing many high-class and distinctive projects to create a unique mark for Mang Den.
Investors wish to receive attention, direction, and coordination from departments, branches and localities of the province so that projects can be implemented smoothly and ensure the set progress.
All 4 enterprises above are members of Sun Group - a group operating in the fields of resort tourism, entertainment, infrastructure investment, and high-end real estate in Vietnam.
All 3 urban area projects mentioned above were approved for investment policy by the People's Committee of Kon Tum province (old) at the end of June 2025. The projects are all large-scale, called for investment with the goal of concretizing the planning of the Central Highlands region, the general construction plan of Mang Den Tourist Area.
