Hai Phong approves 3,179 billion VND urban project in Le Chan

The Hai Phong People's Committee has officially approved the land allocation of over 1.6 hectares to Hoang Huy Financial Services Investment JSC for an urban renovation project in Le Chan District. The development will feature a high-rise tower reaching a maximum of 40 floors, containing approximately 998 apartments, alongside commercial and service facilities.

The project, which includes three basement levels and a 3-4 story commercial base, also encompasses 11 townhouses with a maximum height of 7 floors. The total investment for the project is estimated at over 3,179 billion VND, with approximately 2,763 billion VND allocated for implementation and 415 billion VND for compensation and site clearance.

Located in the center of Le Chan, the project aims to modernize the urban landscape and alleviate traffic congestion at the Me Linh - To Hieu intersection. The land use term is set for 50 years.