Businesses and individuals seeking to profit from land and property investments in areas near infrastructure projects have been warned about the risks of committing before the full project details become clear.
The real estate market along under-construction Ring Road No. 3 is expected to heat up as HCM City and the provinces where the road passes through ramp up efforts to complete it by 2026, property insiders said.
Vietcombank and Indovina Bank have signed an agreement with Van Phu Bac Ai JSC to provide VND1.46 trillion (US$64.32 million) to finance construction of a section of HCM City’s Ring Road No 2.
The HCM City Department of Transport last Friday signed a contract with a consortium of investors to build the Ring Road No.2 section stretching from Pham Van Dong Street to Go Dua intersection on National Highway 1A in HCM City.
Ha Noi (VNS) – The People''s Committee of Ha Noi has approved real estate developer Vingroup''s payment of VND 1 trillion ( US$45.85 million) for the construction of Ring Road No 2.