The Dragon Group Unveils Plans for a Thriving Urban Development Project in Thai Binh, Valued at Over VND 1.4 Trillion.

The Thai Binh Province Planning and Investment Department confirms that Dragon Group is the sole enterprise registered to undertake a housing development project in the planned lot, coded A4, in Vu Phuc Ward, Thai Binh City, Thai Binh Province.

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The project encompasses an area of 122,919 sq. m, accommodating approximately 2,000 residents. It offers a diverse range of housing options, including 30 villas, 192 townhouses, a 12-story apartment complex, and social housing with 10 stories.

The total investment for the project amounts to nearly VND 1,409 billion, comprising implementation costs of over VND 1,376 billion and compensation, as well as resettlement support, totaling close to VND 33 billion.

The estimated construction duration for the technical infrastructure and housing is 60 months from the date of the land allocation decision by the Provincial People’s Committee (including approximately 24 months for the construction of technical infrastructure).

Dragon Group, officially known as CTCP Dau Tu Xuat Nhap Khau Thang Long, is the sole investor registered to undertake this project. Established in 2009, Dragon Group is headquartered in Phu Khanh Ward, Thai Binh City, Thai Binh Province. The company operates across three main sectors: industry (textiles, minerals, and environmental protection), services and trade (transportation, dealerships for electric cars and motorcycles, hotels, commercial centers, education, sports, security, gasoline, and construction materials), and construction (technical infrastructure, real estate development, and industrial park complexes).

In the real estate sector, the company has initiated several projects, including Thai Binh Dragon City, spanning 48 hectares with a capital investment of VND 1,139 billion. This project comprises 115 land lots for villas and adjacent land lots, 1,031 land lots for adjacent houses, and commercial houses. Another project, Dragonhomes Eco City, boasts a total investment of over VND 1,715 billion. It covers an area of 31.4 hectares and includes 646 adjacent lots, 163 commercial house lots, and 176 villa lots. Dragon Group has also invested in Dragoneco Apartment, with a total investment of nearly VND 1,138 billion and an area of over 1.1 hectares. Additional projects include Dragonhomes Metropolis Thai Binh, with an investment of VND 505 billion and a scale of nearly 3.7 hectares, and DragonHomes Metropolis Lao Cai, boasting an investment of VND 948 billion and a scale of 9.3 hectares.

In February of this year, the company increased its charter capital from VND 2,000 billion to VND 2,100 billion. Dragon Group is led by Ms. Vu Ngoc Anh, who serves as the General Director, and Ms. Vu Thi Ha, the Chairwoman of the Board of Directors.

Ms. Vu Thi Ha. Image: Dragon Group

Thu Minh

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