Vinhomes (VHM) begins construction of Khanh Hoa Province’s largest social housing project

Vingroup Chairman Mr. Pham Nhat Ong (HM: ) attended the groundbreaking ceremony of the Cam Ranh social housing project, the largest Happy Home in Khanh Hoa Province. wine house (HM:) is an investor. On January 11, Vinhomes Joint Stock Company (HoSE: VHM) officially started construction of the Happy Home social housing project in Jinyi District. Orange line. This is the largest project to date in Khanh Hoa Province and the second social housing project launched by Vinhomes within the first 10 days of 2024. Mr. Pham Nhat Vuong, Chairman of Vingroup (HoSE): VIC) attended the project’s groundbreaking ceremony.

The Cam Ranh Happy House affordable housing project is expected to have a total investment of nearly 3.8 trillion VND. It is adjacent to National Highway 1A and is an important project in the three urban areas along the Cam Ranh Bay. From Cam Ranh Happy House, people can easily access the international airport, which is a key tourist service area in the country’s largest airport urban area.

Camlan Happy Home covers an area of ​​87.64 hectares, including nearly 3,600 units of low-rise social housing; a commercial residential area with nearly 540 units of terraced and semi-detached garden houses. The project plan has infrastructure such as a recreation center, clubhouse-outdoor sports practice area, children’s playground, gardens and other landscape systems that are synchronized with modern public services. Greening…Business-service buildings: commercial centers, supermarkets, markets, services, offices…are located in the area with easy access to transportation. In addition, the project also has a full range of social infrastructure projects, including: medical stations, school systems from preschool to high school…

The project is expected to be completed by the end of 2026 and is the largest social housing project in Khanh Hoa Province and the country.

Mr. Nguyen Viet Quang, Vice President and General Manager of the group, said: “This is the fourth social housing project implemented by Vinhomes nationwide and the second project launched since the beginning of 2024. Upon completion, Happy Home Cam Ranh will not only It will create a prerequisite for Khanh Hoa Province to become one of the first places in the country to achieve the goal of developing social housing. It will also create important impetus and leverage for Khanh Hoa Province to attract investment from large companies. For local economic development, we will strive to build a modern central municipality by 2030.” .

In addition to Khanh Hoa Province, Vinhomes is also implementing social housing projects in many provinces such as Thanh Hoa, Quang Tri, Hai Phong and other provinces… Recently, on January 6, the company also launched the Happy Home Trang Cat project in the district construction. Trang City, Hai An District. The total investment in Haiphong City is expected to be VND5.8 trillion.

>> Newly launched 5.8 trillion affordable housing projects help Vinhomes (VHM) achieve nearly 1% of 5-year plan