On August 8, 2024, Mekong Group (HNX: VC3) received the construction permit number 2030/GPXD from the Quang Binh Province Department of Construction for a mixed-use high-rise building project on a plot of land with the commercial name Mekong Grand Plaza. This project is located within the Bao Ninh 2 Urban Area (La CELIA city) and promises to open up new opportunities for investors and residents intending to own real estate here.
Mekong Grand Plaza – The Highlight of La CELIA city
Mekong Grand Plaza, located in a prime location within the Bao Ninh 2 Urban Area (La CELIA city), draws inspiration from the world heritage site of the magnificent Quang Binh caves. It stands out with its unique design featuring three central towers that will become one of the tallest structures in Quang Binh. Mekong Grand Plaza boasts a prime location with two frontages on the major roads of Vo Nguyen Giap and Dien Bien Phu, and it is also conveniently connected to vital transportation routes leading to the city center and famous tourist attractions such as Phong Nha – Ke Bang cave, Nhat Le beach, and En cave…
Mekong Grand Plaza’s architectural rendering
With its unique and luxurious design, along with a diverse range of internal utilities such as a swimming pool, modern gym, and children’s playground, Mekong Grand Plaza promises to bring a classy and convenient lifestyle to its residents.
3D panorama of Mekong Grand Plaza within the Bao Ninh 2 Urban Area, offering a sea view.
The apartments at Mekong Grand Plaza are meticulously designed to maximize natural light. From the bedrooms to the living room and even the bathrooms, all spaces are arranged logically to provide maximum convenience.
Spacious living room combined with a large sea-facing balcony, maximizing natural light and providing a wholesome living environment.
The construction permit for Mekong Grand Plaza will contribute to the completion of the entire La CELIA city project, transforming it into a symbol of rapid urban development in Dong Hoi city and driving the economic and social growth of the region. The LA CELIA project will offer nearly 300 premium low-rise and commercial townhouses, over 1,300 apartments, and nearly 600 social housing units, forming a modern and civilized urban area in Quang Binh.
As of the end of August 2024, the La CELIA city project has reached a total investment of nearly VND 3,000 billion. All villas, commercial townhouses, and landscape lakes have been completed for residents to start their new lives here. Notably, the project always ensures legal compliance, and hundreds of new owners have received both their homes and “red books” over the past time.
Actual image of the La CELIA city project
The Capabilities of Mekong Group as the Developer
La CELIA city is invested in by Mekong Group, a reputable real estate developer in Vietnam. With the approval of the construction permit for Mekong Grand Plaza within the La CELIA city project, Mekong Group further solidifies its vision and position in the market. With a journey spanning over three decades, starting as Vinaconex 3, Mekong Group has continuously strived and evolved into a multi-sector economic group. Building on this solid foundation, Mekong Group focuses on real estate development while expanding investment opportunities in potential sectors such as renewable energy and port-logistics, marking a strong transformation and commitment to contributing to the sustainable development of the economy.
From another perspective, according to the financial report for the second quarter of 2024, Mekong Group achieved impressive results. The company’s revenue from sales and service provision reached VND 289 billion, equivalent to a growth rate of about 239.1% compared to the same period last year, which stood at nearly VND 121 billion. Profit before tax increased by over VND 30 billion compared to the previous year. Additionally, the company’s financial expenses were notably optimized, decreasing from nearly VND 8 billion to VND 310 million. This profit level reflects the favorable business performance and Mekong Group’s development amid the recovery of the real estate market.
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