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🇻🇳 Vietnam /Economy & Trade

Cần Thơ considers allowing 12 urban projects to continue receiving or leasing land

From Tuổi Trẻ · () Vietnamese

Translated from Vietnamese and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement New plan
  • Cần Thơ’s finance department has asked the city to consider continuing land allocations or leases for 12 urban development projects without investor-selection bidding.
  • The projects cover more than 235 hectares and have a combined investment value of over 9.149 trillion Vietnamese dong.
  • Authorities say the projects require legal review and problem-solving before construction, acceptance and operation can continue.

Cần Thơ is considering allowing 12 urban development projects to continue receiving or leasing land after a review of their legal status and implementation difficulties.

The city’s finance department submitted the proposal on September 3. The projects fall into a category that does not require bidding to select investors. They include the STK An Bình, Đại Ngân, Lô 5B, Lô 13B Phú Thứ, Hoàng Gia and Nguyễn Thái Học new urban areas, along with developments in An Bình Ward, Võ Văn Kiệt, Cồn Khương and Ô Môn.

The list also includes an expansion of the Ô Môn residential area and the HD Bank Tower office, shopping center and hotel complex. Together, the projects cover more than 235 hectares and have a total investment value exceeding 9.149 trillion dong.

The projects are already under development, and some have housing products on the market. However, they remain subject to a review process designed to remove legal obstacles. Authorities say the projects must complete the necessary legal procedures before they can be accepted and put into operation, or before their remaining work can proceed. The STK An Bình urban area has completed about 95% of its technical infrastructure.

About this summary

Originally published by Tuổi Trẻ in Vietnamese. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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