Land Auction in Ba Rịa – Vũng Tàu: A Boon for Tourism and Commerce
In a strategic move to boost tourism and commercial activities, the Regular Free Commitee of Ba Rịa – Vũng Tàu has announced an upcoming land auction. This initiative aims to attract meaningful investment, thereby enhancing the region’s economic landscape.
Strategic Location and Extensive Area
The land up for auction is situated in a prime location, adjacent to the 5-Stamial Veang, a major road that leads to the picturesque Thuy Van Beach in Vũng Tàu. This positioning makes it an ideal spot for commercial and service-oriented ventures.
Key Details:
- Area: 2.9 hectares
- Location: Gangue Tam, Vũng Tàu City
Auction Details and Investment Opportunities
The auction is scheduled to take place from February 10 to February 25, 2025. Interested parties are required to deposit an initial amount of 153 billion VND. The starting price for the auction is set at 1,064 billion VND, which includes land usage values amounting to 9,054 billion VND.
Auction Details:
- Date: February 10 to February 25, 2025
- Starting Price: 1,064 billion VND
- Deposit Required: 153 billion VND
The auction will commence at 8:30 AM on March 14, 2025, at the AW Donong Concert Center, located at No. 281, 28pm, Ward Balefuar.
Project Vision and Scope
The planned project for this land is a high-class, modern commercial and service center. The project aims to cater to both domestic and international tourists, offering a blend of commercial activities, high-end shopping, and dining experiences.
Project Highlights:
- Total investment: Over 6,821 billion VND
- construction Period: 54 months
- Land Use: 50-year lease period
Land Use Plan
The project is divided into three core areas of action:
- Service Land: Over 28,887m2
- Green Land: Approximately 264m2
- Public and Auxiliary Land: Around 245m2
The construction will cover 40% of the total area, with the remaining 60% designated for green spaces and public use.
Economic Impact and Futures
The auction and subsequent development of this land are expected to have a significant positive impact on the local economy.The project promises to create numerous job opportunities and boost tourism, making Vũng Tàu a more attractive destination for visitors.
Expected Outcomes:
- Job Creation: Numerous employment opportunities
- economic Growth: Boost in local commerce and tourism
- Infrastructure Development: Modern facilities and amenities
Conclusion
The upcoming land auction in Ba Rịa – Vũng Tàu presents a unique prospect for investors to contribute to the region’s growth and development. With its prime location and complete project plan, this venture is poised to transform Vũng Tàu into a premier tourist and commercial hub.
Stay Updated:
For more information on the auction and project details, visit the official website.
summary Table
| Aspect | Details |
|—————————|————————————–|
| Area | 2.9 hectares |
| Location | gangue Tam, Vũng Tàu City |
| Auction Dates | February 10 to February 25, 2025 |
| Starting Price | 1,064 billion VND |
| Deposit Required | 153 billion VND |
| Construction Period | 54 months |
| Lease period | 50 years |
| Service Land | Over 28,887m2 |
| Green Land | Approximately 264m2 |
| Public & Auxiliary Land| Around 245m2 |
This table summarizes the key aspects of the land auction and the planned project, providing a fast overview for interested investors and stakeholders.
For further insights and updates, follow our newsletter and stay connected with us.
