The People’s Committee of Khanh Hoa province recently held a meeting with departments, sectors, and local authorities to review the progress of urban area projects in Cam Lam district and Cam Ranh city.
According to the report by the Department of Finance, for the Cam Ranh Bay Urban Area project, the investor has completed the procedures and received approval for the detailed planning of the entire investment project. The joint venture investor has also completed the environmental impact assessment report.
At the same time, the project owner is finalizing the dossier for the approval of the feasibility report for several items, focusing on compensation and site clearance in priority areas to meet the construction schedule as planned.
Concluding the meeting, the People’s Committee of Khanh Hoa province instructed the local authorities to expedite compensation, support, and resettlement for the projects in their respective areas. For the Cam Ranh Bay Urban Area project, by June 30, the priority area for site clearance must be finalized so that the investor can proceed with the construction permit application and prepare for the planned groundbreaking.
Cam Ranh Bay Urban Area Illustration.
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 to approve the investment of the joint venture between Cam Ranh Investment Joint Stock Company, Vinhomes Joint Stock Company, and Vines Energy Solutions Joint Stock Company for the project.
The Cam Ranh Bay Urban Area project has a total investment of more than VND 85,200 billion, equivalent to nearly USD 3.5 billion (excluding compensation, support, and resettlement costs). After completion, the project is expected to have a population of over 230,000 people.
The Cam Ranh Bay Urban Area project covers an area of approximately 1,250 hectares, divided into 3 zones. The project site is located in the wards and communes 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 Cam Ranh city, Khanh Hoa province.
The project is expected to feature over 10,700 villas, more than 8,400 adjacent houses, and approximately 19,800 social housing units…
The project’s operation period is 50 years from the date of land allocation and lease to the investor. 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 help to promote the potential and strengths of Cam Ranh city, boosting socio-economic development in the southern gateway of the province.
The Prime Minister Emphasizes the Need to Focus on Countervailing Duty Solutions
“In the recent May 2025 cabinet meeting, Prime Minister Pham Minh Chinh emphasized a key task and solution for the upcoming period. This is one of the ten critical focuses moving forward, as highlighted by the esteemed Prime Minister.”
The Mountain-Piercing Tunnel: A Robotics Revolution in Vietnam’s Infrastructure
The Deo Van Guan Tunnel is set to undergo a significant expansion with a new tunnel boring project. With a length of 555 meters and a width of 10.5 meters, this ambitious undertaking is slated for completion in 2025. To meet this tight deadline, a dedicated team of hundreds of workers, advanced tunnel-boring machines, and state-of-the-art robotics are working in unison.
The New Permit System: Revolutionizing the Construction Industry with Efficient Approvals
Citizens express their delight as the Prime Minister directs the removal of the construction permit procedure. This move is expected to save a significant amount of time and expenses, streamlining the construction process and bringing relief to many.
A Prime Minister’s Vision: Saving 10% of Recurrent Expenditure to Fund Grand Projects
“The Prime Minister emphasized that in 2025, continued discipline in managing recurrent expenditures will be crucial to freeing up resources for major projects and critical tasks. This calls for a nationwide effort, with all levels of government, industries, and citizens embracing frugality, thus contributing to the protection, development, and prosperity of our beloved country.”
“A Bold Move: Redirecting Funds for Grand Visions – PM’s Plan to Cut 10% of Regular Expenditures in 2025”
“On the afternoon of June 3rd, Prime Minister Pham Minh Chinh chaired a meeting of the Government’s Standing Committee regarding a draft resolution on the scope and targets for savings in regular expenditures from the state budget for the year 2025.”
