The outline of Nha Trang trading, fi nance and township complex - Photo: Courtesy of Khanh Hoa Department of Industry and Trade |
Under the scale-1/500 zoning plan, the township covers more than 61 hectares of the area in Phuoc Hoa, Phuoc Hai, Phuoc Long and Vinh Nguyen wards of the central coast city. The township is planned to have a population of 11,000 people. Some 23,6 hectares of the township will be reserved for new houses, 23 hectares for roads and parking lots, and the rest for parks, flower gardens, playgrounds and public utilities.
The zoning plan estimates around VND680 billion (US$32.28 million) will be needed for infrastructure development.
In September last year, the Khanh Hoa People’s Committee publicized its plan to develop part of the area of old Nha Trang Airport into a trading, finance and township complex after the central province got the Government’s approval to turn part of the military-managed area into a place for civilian purposes.
According to the approval, the complex accounts for some 190 hectares out of around 238 hectares in the airport area.
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