On February 7, the People’s Committee of Da Lat city (Lam Dong) said that it has proposed to the Da Lat City Party Committee to approve the project investment policy Lu Gia residential area combine Walking Street and a night market in ward 9 with a total cost of 1,837 billion VND.
The project has a scale of construction on regarding 120,836m2 of land with regarding 50% of residential land, the rest is land for trade and services, land for traffic, parking, land for planting trees, water surface.
The project is built with products such as detached houses, townhouses with garden, commercial houses, social housing, combined pedestrian streets. night market.
Thereby, in order to provide new products for Da Lat tourism, contribute to embellish the urban architecture, complete the landscape environment in the direction of modern civilization.
[Lâm Đồng bắt đầu đóng đèo Prenn để nâng cấp, mở rộng]
The project implementation period is expected to be from 2023-2027, the operation term of the investment project is 50 years from the date the State issues a decision on land allocation or land lease.
The investment capital source is selected by the investor to invest in the project and enjoy the incentives and support as prescribed.
According to the People’s Committee of Da Lat city, the current land situation in the project area is regarding 164 houses with more than 240 households living.
This area was originally agricultural land, and people’s farming activities have polluted the downstream area of Xuan Huong Lake.
Nguyen Dung (VNA/Vietnam+)
