Covering a total area of over 39,138 square metres in Binh Minh industrial park, Binh Minh town, Vinh Long province, the project will provide over 1,860 housing units to households struggling with housing issues in Binh Minh town, Vinh Long; Can Tho city and other provinces in Mekong Delta region.
The VND610 billion-project is divided into three phases. The first phase, consisting of 620 apartments, is scheduled for completion in June, 2016.
The Vinh Long provincial branch of Bank for Investment and Development of Vietnam (BIDV) will also offer loans of up to 80% of the total price of an apartment to be paid off over 20 years, with a preferential interest rate of 6% from the house-support credit package of VND 30,000 billion.
