Vingroup project to be completed in 2020 and contribute to the development of Hai Phong and nearby areas.
Vingroup began construction on March 4 of its first luxury urban area complex, Vinhomes Riverside Hai Phong, in northern Hai Phong city.
Vinhomes Riverside Hai Phong is one of Vingroup’s key projects in 2016, covering an area of 78.5 ha in Thuong Ly ward, Hong Bang district.
As a City in a City, the urban area is expected to bring a modern and dynamic appearance to the west of Hai Phong, on a peninsula with two sides adjacent to the Cua Cam River and the Thuong Ly River with the other two sides next to key roads.
The urban area will house villas and detached villas with gardens and swimming pools, together with river view shops.
Lying on the corner of Ha Noi Street and Nam Cau Binh Street, a 45 floor building will be built providing five-star commercial services, hotels and offices, becoming a hub for tourism, shopping, and entertainment in the city. Other facilities will also be built, such as a Vinschool, clubs, and parks.
Hai Phong is one of the key investment destinations of Vingroup, Mr. Nguyen Viet Quang, Vice Chairman of Vingroup, said, adding that Vinhomes Riverside Hai Phong expresses the group’s commitment to long-term investment in the city.
Mr. Le Van Thanh, Chairman of the Hai Phong People’s Committee, promised that the city would provide favorable conditions for investors to meet construction schedules.
Upon completion in 2020 Vinhomes Riverside Hai Phong will be an important economic center and contribute to socioeconomic development in Hai Phong and neighboring areas.