Approval of the Investment Policy for the Hoa Phuoc Social Housing Project in Hoa Xuan Ward, Da Nang City
The Hoa Phuoc Social Housing Project is located at NOXH1 land plot, ST1-6 residential unit, Innovation District Subdivision Plan, Hoa Xuan Ward, Da Nang City. The project is developed by Truong Hai Trading Construction Joint Stock Company as the Investor, with a total investment of more than VND 2,086 billion (approximately USD 80 million).
The project will be developed on a land area of approximately 45,000 m², comprising four social housing apartment buildings, including two 15-storey buildings and two 19-storey buildings, providing approximately 1,326 social housing apartments, together with 40 five-storey townhouses and one five-storey service building.
The project’s investment policy was approved in Q3 2026, with construction expected to commence in Q4 2026 and completion scheduled for 2030.