Rendering of the Cam Ranh Bay Urban Area project.
On August 29, the Khanh Hoa Department of Construction issued a notice of eligibility for capital mobilization through investment and business cooperation for the Cam Ranh Bay Urban Area project (in Khanh Hoa Province).
The project is expected to raise VND 16,500 billion through capital contributions, investment cooperation, and business cooperation. The capital mobilization period will align with the project implementation timeline (from Q2 2023 to Q1 2027).
According to the notice, parties involved in capital contributions, investment cooperation, business cooperation, joint ventures, and alliances will only be allowed to distribute profits in cash or shares based on the agreed-upon ratio in the contract.
Previously, in March 2025, the Khanh Hoa Department of Construction had issued a notice of eligibility for capital mobilization through investment and business cooperation for the Cam Ranh Bay Urban Area project, with an expected capital mobilization of approximately VND 14,768 billion.
It is known that in April 2023, the Prime Minister approved the investment policy for the Cam Ranh Bay Urban Area project.
In August 2023, the People’s Committee of Khanh Hoa Province issued a decision approving the project’s investors: a consortium of Cam Ranh Investment Joint Stock Company, Vinhomes Joint Stock Company, and Vines Energy Solutions Joint Stock Company.
The Cam Ranh Bay Urban Area project has a total investment of nearly VND 85,300 billion (excluding compensation and resettlement costs).
The project covers an area of approximately 1,250 hectares and is divided into three zones. The implementation location of the project belongs to the wards and communes (before the merger) of Cam Lap, Cam Thinh Dong, Ba Ngoi, Cam Linh, Cam Loi, Cam Thuan, Cam Phu, Cam Phuc Nam, Cam Phuc Bac, and Cam Nghia in Khanh Hoa Province.
The Cam Ranh Bay Urban Area is expected to feature over 10,700 villas, more than 8,400 adjacent houses, and approximately 19,800 social housing units… After completion, the project is expected to accommodate a population of over 230,000 people.
The project has a duration of 50 years from the date the investor is granted land or land lease. The implementation period is 5 years (from Q2 2023 to Q1 2027).
With its large scale, the Cam Ranh Bay Urban Area project is expected to contribute to the transformation of the urban landscape of Cam Ranh in particular and Khanh Hoa Province in general. At the same time, it will boost the socio-economic development of the southern gateway area of the province.
Unlocking Transformational Projects: The Power of Strategic Public Investment
Let me know if you would like me to continue refining this title or provide additional content suggestions to ensure it truly stands out.
On the morning of September 3rd, Prime Minister Pham Minh Chinh chaired a meeting of the Government’s Standing Committee to discuss and provide feedback on reports pertaining to the economy, society, state budget, and public investment. The aim was to consolidate these reports and present them to the relevant authorities.
“T&T Group Proposes to Invest in a Series of Major Projects in Ca Mau”
With a vision to foster dynamic growth in the region, T&T Group proposes a strategic investment plan in Ca Mau. The group aims to initiate a series of groundbreaking projects, each designed to be a catalyst for positive change and local development in the near future.
“How Can Banks Retain Customers Amidst Intensifying Competition?”
The banking industry is evolving, and with it, the way banks retain customers is also changing. Institutions are now diversifying their services, embracing digital transformation, and focusing on sustainable practices to stay competitive in the race for deposits.
The Ultimate Guide to the Bao Loc – Lien Khuong Expressway: Unveiling the Mystery Behind Its Construction
The Chairman of the Lam Dong Provincial People’s Council stated that several key projects, including the Bao Loc – Lien Khuong expressway, remain stagnant despite breaking ground due to challenges with land clearance and delays in disbursing public investment capital.
Over 3,000 Former Thai Binh Officials Receive Monthly Support of 3 Million VND Each as They Relocate to Hung Yen
The Hung Yen Provincial People’s Committee has approved a resolution to provide financial support to over 3,000 civil servants from the former Thai Binh province as they transition to working in the new Hung Yen administrative center. Each civil servant will receive a substantial monthly allowance of 3 million VND for a period of 12 months to facilitate their relocation and ensure a smooth transition to their new workplace.
