Vietnam’s Khanh Hoa seeks approval for $1.6bn luxury development via land reclamation

March 24, 2024

The investor sought to execute the project from this quarter to the last quarter of 2034 and operate it for 70 years. A view of Van Phong Bay in Khanh Hoa Province, south-central Vietnam. In early January this year, the ministry asked the Khanh Hoa administration to get involved in the appraisal of the project. Therefore, the provincial government sought the provincial Party Committee’s opinions about the project as a compulsory step to complete relevant procedures. Khanh Hoa officials said the project is in line with Vietnam’s general planning and national land use plan in 2021-30 with a vision to 2050, as well as the province’s development schemes.

The source of this news is from Tuoi Tre News

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