According to Lao Dong, in the context of increasingly scarce land funds in the central core of Da Nang, the appearance of many projects and works located next to the Han River is attracting investors.
Accordingly, the East bank of the Han River is witnessing a strong transformation thanks to a series of key, large-scale commercial and tourism projects being implemented.
On the central routes of Le Van Duyet, Tran Hung Dao, the foot of Tran Thi Ly Bridge... many large projects and buildings are also springing up.
High-end real estate projects, commercial complexes - hotel apartments have been consecutively started, creating a modern and dynamic urban appearance.
The Da Nang Department of Construction recently said that in the city center, the Da Nang People's Committee has approved the zoning plan for the Han River and the East Bank in Decision No. 2451/QD-UBND, some areas in existing urban areas such as the project location such as Sun Cosmo Tran Thi Ly Bridge, The Estuary Tuyen Son, the apartment project on Tran Hung Dao Street are oriented to organize high-rise buildings, improve land use coefficients.
Many real estate experts analyzed that after the arrangement of administrative units, Da Nang is implementing many projects to synchronously develop the city by the river.
Da Nang is placing high expectations on two inland waterway tourism projects worth VND10,000 billion and the International Fireworks Festival Complex worth VND11,000 billion. Not only contributing to the completion of central urban infrastructure, these projects are also expected to create a new look for Da Nang.
The Vietnam Institute for Real Estate Research (VIRES) assessed that after the merger, Da Nang City is strongly striving to become a financial - technological center of the country and the region with a series of breakthrough planning such as Free Trade Zone (FTZ), International Financial Center along with key infrastructure and transportation projects such as Lien Chieu Port, coastal roads and international airports.
Not only that, the urban face of Da Nang City has been upgraded and changed rapidly in recent times when many urban area, apartment, and dynamic projects are being implemented along the Han River.
