Da Nang's People's Committee has handed over the last batch of land for the Phước An new urban area in Tiên Phước commune, CafeF reported on 30 October. Decision No. 4948/QĐ-UBND, dated 28 October, grants 961.2 square metres to Quang Nam Infrastructure Development Investment JSC (QNIC), with no land-use fee.
The batch is made up of 186.6 square metres of resettlement housing land, 171.3 square metres of administrative office land and 603.3 square metres for transport infrastructure. Once construction is finished, the investor is to hand these areas to the Tiên Phước commune People's Committee to manage.
According to CafeF, the former Quảng Nam provincial authorities approved the investment policy in Official Dispatch No. 2229/UBND-KTN in May 2015. Construction began on 17 March 2017, and the investor held an inauguration ceremony in August 2026.
The project covers 6.91 hectares with a total investment of about 73.7 billion dong. It includes 249 residential plots ranging from 100 to 260 square metres.
Sources
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