Mang Den to see 1.65 billion USD investment in two new urban areas

Quang Ngai province is finalizing documentation to seek investment approval for two new urban areas in Mang Den, totaling over 2,100 hectares. The projects, known as MD1A and Urban Area No. 6, represent a combined estimated investment of approximately 42,830 billion VND (roughly 1.65 billion USD).

Urban Area No. 6 is expected to cover 679 hectares with an investment of 16,100 billion VND, while the MD1A urban area is projected to span 1,427 hectares with an investment of 26,730 billion VND. Both projects fall under the MD1 sub-zone planning for Mang Den.

Vice Chairman of the Quang Ngai Provincial People's Committee, Nguyen Ngoc Sam, recently chaired a meeting to direct relevant departments to complete the necessary procedures. This follows previous developments in the region where Sun Group ecosystem companies were selected for urban projects No. 1, 4, and 5, covering 788 hectares.