On September 24, the People’s Committee of Ca Mau Province approved the investment policy for the new urban housing project in Bao Son neighborhood, Ly Van Lam Ward. The project spans approximately 30.84 hectares and will be tendered to select investors in accordance with legal regulations.
The project offers villas, townhouses, and social housing, divided into three phases. Phase 1 includes technical infrastructure, parking lots, green spaces, and commercial housing across 16 hectares, scheduled for completion within 24 months of contract signing.
Phase 2 focuses on technical infrastructure, sports facilities, and commercial housing across 15 hectares, to be completed within 12 months after Phase 1.
Phase 3 involves social housing, educational and healthcare facilities, a commercial center, market, and remaining social infrastructure, scheduled for completion within 24 months after Phase 2.
Source: Ca Mau Provincial People’s Committee
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The total investment is VND 2.968 trillion, including VND 378 billion for compensation, support, and resettlement. The selected investor must mobilize legal capital, with a minimum equity of 15% of the total investment, equivalent to over VND 445 billion.
The project timeline is 60 months from contract signing, with a 50-year operation period starting from the land allocation or lease decision.
On September 23, the Ca Mau Department of Agriculture and Environment submitted a proposal to the Provincial People’s Committee for the Provincial People’s Council to issue a list of pilot commercial housing projects through land use rights agreements, as per National Assembly Resolution 171/2024/QH15 and Government Decree 75/2025/NĐ-CP.
The proposed project is the Tan Thanh Urban Area in Tan Thanh Ward, covering over 211.1 hectares with a total investment of over VND 52 trillion. The project is expected to be completed within 108 months of approval. The proposed investor is T&T Land Ca Mau LLC.
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– 16:25 26/09/2025
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