The People’s Committee of Son La province has released an invitation for investment in a new urban area project adjacent to the key tourism center in Van Son ward – a location deemed to have high potential for urban and service development.
Son La province has ample room for development.
With an estimated investment of VND 2,074 billion, the project encompasses approximately 47.7 hectares of land (excluding land clearance) and is expected to accommodate a population of around 3,850 people. The project has a duration of 50 years, with an implementation period of about 81 months from the approval date.
As per the approved plan, the project comprises 1,015 new residential land plots spanning 15.2 hectares; technical infrastructure occupies 15.3 hectares; 0.6 hectares are allocated for service facilities (market); 2.9 hectares for trade and services; approximately 7 hectares for greenery and water bodies; and 6.7 hectares of agricultural land (tea hills) will be preserved and renovated for community landscaping purposes.
The project aims to catalyze urban development, contribute to the completion of infrastructure for the Moc Chau National Tourism Area, and enhance the locality of Van Son ward and Son La province as a whole. The formation of this urban area is anticipated to boost investment attraction and gradually develop a new urban center in the region.
The project will select investors through an international bidding process. Foreign investors must fulfill the conditions for land allocation, land lease, and land-use purpose conversion as stipulated in the Land Law 2024 and bidding-related laws. Post-winning the bid, the investor must establish an economic organization in Vietnam to execute the project as per current regulations.
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