Property project in Can Tho recalled
According to Vo Thanh Thong, vice chairman of the city, the project has long been delayed.
The project has a total area of over 60 hectares at an ideal location, which is in South Can Tho new urban area, on the side of the Hau River and opposite to Ninh Kieu Wharf.
Under the license issued in January 2011, this is a high-end residential project. In addition to town houses and villas, the project consists of hotel, financial center and resort.
Having an investment of $30 million, the investor pledged to construct a bridge connecting Cai Rang and Ninh Kieu districts. However, the project has been almost on hold for two years over site clearance and compensation problems.
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