Infrastructure development creates attraction for Hue real estate

Thua Thien – Hue province plans to expand Hue city, upgrade Phu Bai airport, build new roads to create favorable conditions for investment attraction.

According to the new plan, Hue city will expand its area from 70.76km2 to 348.54km2. The scale includes the existing city and the towns of Huong Thuy, Huong Tra, a part of Phu Vang district, oriented to become a heritage city directly under the Central Government, environmentally friendly and a multi-sectoral center of the country. .

Regarding aviation, the city announced that the Phu Bai airport expansion project with a total investment of VND 2,200 billion invested by the Airports Corporation of Vietnam has basically handed over the entire site to the investor. labour. When in operation, the airport will welcome 5 million passengers a year. The airport consists of two main components: expanding the apron to meet 8 parking positions; construction of passenger terminal T2 with a station floor area of more than 16,000 m2.

In addition, Thua Thien – Hue province also invested in building Cam Lo – La Son route. The work is part of the project to build a number of expressway sections on the North-South East route, period 2017-2020 that the province is promoting.

Hạ tầng phát triển tạo sức hút cho bất động sản Huế

Apec Royal Park urban area with a total area of 32.7ha in An Van Duong, Hue city.

The advantage of infrastructure promotes large enterprises to welcome the wave of investment in Hue real estate. Big names in the business world have prepared land banks in prime locations. These include the My An Hue resort projects of 544.8 billion VND of Bitexco, Vineco Thua Thien Hue, Vincom Tu Ha of VinGroup, Vinh Thanh and Vinh Xuan of VND 2,000 billion of BRG, Apec Royal Park urban area of 34.7ha. .

Since the beginning of 2019, there have been about 7 new projects with large land bank launched. Total investment amounted to more than 14,500 billion VND, located mainly in An Dong and Xuan Phu wards, Hue city. Some of the big projects are Zone A An Van Duong New Urban Area (An Dong) developed by a joint venture between An Van Duong Urban Development Investment Joint Stock Company and Van Phu – Invest Investment Joint Stock Company. Total investment is about 4,649 billion VND; Area C project is also in this new urban area by the Joint Venture of Vietnam Infrastructure and Real Estate Joint Stock Company – Refrigeration Mechanical and Electrical Joint Stock Company – Housing and Urban Development Investment Corporation, Ministry of Defense. recruited with a value of 3,776 billion VND.

The “big man” Vinaconex was also present in Hue with the joint venture Vinaconex IUC-Vinconex 3 and Vimeco investing in An Van Duong urban area; Vinaconex 7 – Vinconex IUC and Vinaconex 9 are also preparing to invest in this new urban area.

Also in Hue city, Apec Land Hue Joint Stock Company of Apec Group invested in Apec Royal Park urban area with an area of ​​34.7 hectares, with a capital of up to VND 10,000 billion has been completed a number of subdivisions. More than 300 adjacent villas have been handed over.

Hạ tầng phát triển tạo sức hút cho bất động sản Huế

Perspective of shophouse and boutique shophouse at Apec Imperia Boulevard.

Ape Group has just announced to the market 2 more products, limited quantity shophouse and boutique shophouse, belonging to Apec Imperia Boulevard. This is a new product in the model of a 5.5-storey boutique hotel, with its own basement and elevator. The product has appeared and is well received in many other markets such as Phu Quoc, Da Nang, Nha Trang, Quang Ninh, and Lang Son.

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