On December 12, 2018, Can Tho City People’s Committee issued document No. 3297 / QD-UBND on investment policy for the Joint Venture Hai Phat Investment Joint Stock Company (Hai Phat Invest – HPX), Civil Engineering Construction Corporation 5-CTCP (CIENCO 5) and Dai Dong A Investment Joint Stock Company (BEA Holdings) to be investors of An Binh New Urban Area 1 project.
They are all enterprises of Hai Phat Group – a reputable enterprise with 15 years of experience in the field of Investment, Business and Construction Real Estate and Transport Infrastructure, in which, Hai Phat Invest is a leading representative who has the highest capital contribution rate in the partnership.
Located in the golden land in the center of Ninh Kieu District, Can Tho City, An Binh 1 Urban Area, with a total investment of nearly VND 5,000 billion, the project promises to become a “hot spot” for investment in the real estate market in the Southwest region. Built on an area of 164.3 hectares, with constructional density ranging from 5% -50%, the project includes many utilities such as schools, sports areas, trade centers, and services, entertainment parks, green campuses, diverse types of houses including Adjacent apartment, shophouse, villas, apartments, social houses and resettlement houses with a population of about 19 thousand people. The project will be completed within 2.5 years from the time of transferring the land to the Owner.
With a view of the Can Tho River, with an amusement park and green park arranged next to the two rivers, real estate experts assess An Binh 1 New Urban Area as one of the few projects which have the most spacious and beautiful view among all the projects on the “mainland” of Can Tho City.
The deployment of An Binh 1 new urban area in Can Tho is also an affirmation of Hai Phat Group’s strategy to expand the land fund to major provinces and cities with the aim of becoming the most reputable real estate developer in Vietnam which will surely create a boost for Can Tho real estate market, one of the highest urbanization rate and the highest income per capita growth localities of the country.