The Department of Construction of Quang Ngai Province announced that the Provincial People’s Committee has approved the investment policy and assigned the implementation of the social housing project at the Quang Ngai Trade Union Facility Area.
According to the decision, Saigon Thuan Phuoc Green Real Estate Joint Stock Company (Da Nang City) is the project investor, with the implementation carried out by a joint venture between Saigon Thuan Phuoc Green Real Estate JSC and VJCO Group JSC (Hanoi). The project will be developed on a 2.57-hectare plot in Tho Phong Commune, Quang Ngai Province.
As per the approved detailed plan, the investor will construct three 12-story buildings, approximately 45 meters high. The total construction area exceeds 9,600 m², with a total floor area of over 102,000 m², accommodating 1,209 apartments to house more than 3,000 residents.
The location is very close to the VSIP Quang Ngai Industrial Park.
Beyond residential blocks, the project includes comprehensive technical and social infrastructure development. The site will feature internal roads, greenery, gardens, a kindergarten, and community facilities.
Notable amenities include a nearly 1,000 m² community center and a parking area exceeding 10,000 m². The total investment is nearly VND 1.1 trillion, with VND 219 billion in equity from the joint venture and the remainder sourced from loans and other legal funding.
By the end of Q1/2026, investment preparation will be completed, and technical infrastructure construction will begin in mid-2026. From late 2026 to mid-2028, key components such as the three high-rise buildings, community center, kindergarten, and parking facilities will be progressively completed. The entire project is expected to be operational by late 2028.
Given its scale and detailed timeline, the social housing project at the Quang Ngai Trade Union Facility Area is anticipated to become a vital housing solution for workers, particularly due to its proximity to the VSIP Quang Ngai Industrial Park, which employs tens of thousands of workers.
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The People’s Committee of Quang Ngai Province has approved a social housing project with a total investment of nearly VND 1.1 trillion. The project will be developed near the VSIP Industrial Park in Tho Phong Commune.
