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Hanoi green lights $219.46 million apartment project

Released at: 20:56, 15/08/2015

Hanoi green lights $219.46 million apartment project

Nam Tu Liem project to finish by 2019.

by Luong Nhi

The Hanoi People’s Committee has approved the construction of an apartment project in Nam Tu Liem district with total investment capital of $219.46 million. With an area of 176,300 sq m the project will house some 8,760 residents and is expected to be completed by the fourth quarter of 2019.

The Hanoi Department of Construction will manage the project, guiding investors on understanding construction policy and safety matters and monitoring progress.

It will also work with related agencies to clarify the source of investment capital and assist investors in completing land procedures and supervise the use of the land and other resources in the project.

The Hanoi People’s Committee recently approved real estate projects in 233, 233B and 235 Nguyen Trai Street in Thanh Xuan district that will build a modern urban area whose architecture is suitable with the landscape.

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