The Everlasting Trung Son Cemetery Project: A Promising Investment in Quang Tri Province
.png)
The People’s Committee of Quang Tri province has recently approved the investment policy and investor for the Trung Son Everlasting Park project. With a total investment of VND 25.5 billion, the project aims to develop a cemetery and funeral services in the region. The investor, Son Hai Group, is headquartered in Dong Hoi, Quang Binh province, and has strong roots in the region.
The project encompasses an area of 5.8 hectares, allocating 2.9 hectares for graves, 1.5 hectares for greenery and landscaping, and the remaining for transportation, parking, and other necessary facilities. Son Hai Group plans to contribute VND 7.65 billion as equity, with the remaining funds being mobilized from various sources. The group aims to complete the capital contribution by the first quarter of 2027.
In terms of progress, the project is expected to undergo an environmental impact assessment and prepare a dossier for a change in forest usage purpose in 2025. The construction permit is anticipated to be obtained by the first half of 2026, with construction commencing in the third quarter of the same year. The entire project is targeted for completion by the first quarter of 2027.
The Trung Son Everlasting Park project is set to receive numerous investment incentives, including reduced corporate income tax rates, import tax exemptions, and land-related fee reductions, among others. These incentives showcase the province’s support for the project and its potential impact on the local community.
Son Hai Group: A Pillar of Quang Binh’s Economic Landscape
The success of Son Hai Group is closely tied to the leadership of Mr. Nguyen Viet Hai, who currently serves as the company’s Chairman. Mr. Hai, a native of Quang Binh, graduated from the University of Economics with a specialization in Business Administration in 1984. He began his career in the Logistics Department of the Quang Binh Provincial Police before venturing into the business world in 1996.
Over the years, Son Hai Group has diversified into various sectors, including construction, energy, and real estate. With a strong reputation and strategic business approach, the group has established itself as one of the largest private enterprises in Quang Binh. The upcoming merger of Quang Binh and Quang Tri provinces presents new opportunities for the group to expand its reach and impact in the region.
