The total area of Nghi Son economic zone under planning will increase nearly tenfold to 106,000ha, including almost 66,500ha of land on the mainland and islands and over 39,500ha of sea surface.
Four foreign companies will be injecting $321 million of new investments in VSIP Quang Ngai. The investment registration certifications were presented to the companies at the VSIP Quang Ngai Investors’ Gathering and Investment License Presentation event.
Deputy Prime Minister Trinh Dinh Dung asked the Ministry of Construction to pay attention to the development of social housing projects and homes for low-income earners while enhancing urban management and creating favourable conditions for construction businesses.
In the first 10 months of 2018, the real estate market in the whole country showed signs of decrease both in supply and volume of transactions. Especially, the sign of reduction was very clear in the two big cities of Hanoi and Ho Chi Minh City, said the Ho Chi Minh City Real Estate Association (HoREA) in its latest report.
With banks tightening credit to the property sector, developers should look at the stock market for capital, experts told a workshop on “Potential and opportunities for investment in property stocks on Friday.
The Ministry of Natural Resources and Environment (MONRE) has been working on a strategy for the development of land management for the 2020-30 period. It is hoped it will meet the demand of e-government project as well as enhance the land use efficiency, said Mai Van Phan, deputy head of the MONRE’s General Department of Land Administration (GDLA).
Real estate stocks might peak in the first half of 2019 or even earlier, in the last quarter of this year, experts have forecast. The recovery of the property market helped boost real estate stocks during the past five years. According to financial services company Stockplus’ Fiinpro Platform, real estate stocks posted better growth than the overall market.