The Cat Khanh Urban Area Project, located in the Cat Khanh Seafood Processing Industrial Cluster, boasts a total investment of over VND 1.996 trillion, including VND 93 billion for compensation, support, and resettlement. Situated in De Gi Commune, Gia Lai Province, this development promises to be a significant addition to the region.
The project encompasses the construction of 981 terraced houses and 139 villas, accommodating a population of 4,032 residents. It also integrates commercial services to ensure a comprehensive technical and social infrastructure system. The development includes parks, green spaces, and commercial facilities, creating a harmonious and modern urban environment.
Spanning six years, the project is scheduled to commence in Q2 2025 and conclude in Q2 2031, with a 50-year operational lifespan.
Project Master Plan
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The project is a joint venture between Nam Mekong Group (Mekong Group, HNX: VC3) and MekongHomes JSC. Established in 2022 with a charter capital of VND 300 billion, MekongHomes is owned by VC3 (40%), Ms. Truong Thi Huong Thao (20%), Mr. Doan Xuan Huy (20%), and Mr. Dinh Van Hiep, CEO (20%). As of June 2025, VC3 retains a 30% stake in MekongHomes.
Earlier this year, VC3 was granted permission by the People’s Committee of Binh Duong Province to acquire a portion of the New Binh Duong Urban Area Project (Zone 1) from Becamex Group (HOSE: BCM), valued at over VND 515 billion. Known commercially as The Charms Binh Duong, the project had incurred nearly VND 476 billion in unfinished production costs by June 2025, with VC3 owing BCM over VND 315 billion.
– 10:08 PM, October 20, 2025
Mekong Capital Steps In for BCM in $160 Million Luxury Apartment Project in Ho Chi Minh City
The Charms Binh Duong, a prestigious project located at Lot A4 within the new urban area (Zone 1) of Binh Duong Ward, Ho Chi Minh City, has been officially approved for investment by the Mekong South Corporation. With a total capital exceeding 3.7 trillion VND, this development promises to redefine luxury living in the region.
New Gia Lai Provincial Directive on Land Clearance for the North-South High-Speed Railway Project
The People’s Committee of Gia Lai Province has recently directed efforts to finalize the land clearance project dossier for the North-South High-Speed Railway project passing through the province.
Inauguration of the Extended Dien Bien Phu Road Project Connecting to Diem Van Urban Area in Gia Lai Province
The People’s Committee of Gia Lai Province has officially inaugurated the extended Dien Bien Phu Road, now seamlessly connecting to the Diem Van Urban Area.
Gia Lai Province Orders Investigation into Devastation of Chư Nâm Mountain
The People’s Committee of Gia Lai Province has directed an investigation into the destruction of Chư Nâm Mountain, aiming to clarify the incident and hold responsible parties, both collectively and individually, accountable for their actions.
Vietnam’s Second-Largest Province Allocates Over $430 Million for Land Clearance and Resettlement in North-South High-Speed Railway Project
According to the Standing Committee of the Gia Lai Provincial Party Committee, the total investment for compensation, support, and resettlement for the North-South high-speed railway project passing through the locality has exceeded 10,310 billion VND.
