Huế seek $252 million for urban and health care projects

A view of Huế City. The central province of Thừa Thiên Huế wants investment funds to develop urban and health care service projects in 2025-30. Photo courtesy of Vỹ Thi

THỪA THIÊN HUẾ — The central province has proposed a series of key investment projects including a new urban and health care service in 2025-30, calling for an investment of more than VNĐ6.3 trillion (US$252 million) from the State budget, ODA and preferential loans.

The province said the proposals, already sent to the government for approval, will mean a complete face lift for the local area helping it to new growth for decades.

It also said a consortium of Doji Gold & Gem Group and Doji Land company has won the bid for a new luxury trade-service-housing complex project in the new An Vân Dương urban area.

The Doji consortium will be developing the complex across an 18.2ha area, with an investment of VNĐ4.6 trillion, providing accommodation and services for 9,000 people.

The province also plans to build a research-training and clinical medical centre in the Huế Central Hospital.

It will use non-refundable ODA sourced from the Korea Foundation for International Heathcare (KOFIH), with an investment of VNĐ250 billion ($10 million). An expansion and construction of the Huế Central Hospital No 2 project in Phong Điền district will give the district a further 500 hospital beds, easing overload of the downtown hospital.

Doctors and nurses work at Huế Central Hospital. The key hospital will be expanded and upgraded with new hi-tech services in 2025-30. Photo courtesy of Thừa Thiên Huế Portal

The project has been looking to an investment of VNĐ351 billion ($14 million) from the Economic Development Co-operation Fund (EDCF) through the Export-Import Bank of Korea (KEXIM).

The current downtown-based Huế Central Hospital also plans to build a new 900-bed hi-tech anesthesia and stroke centre, with total investment of VNĐ 1.1 trillion ($44 million).

The province said the huge investment in the hospital and the new urban project, is preparing the ground to it becoming a central government-managed urban area from 2025. Thừa Thiên-Huế is designing it as a ‘smart’, a low carbon and a ‘zero plastic waste’ metropolis.

Aeon Mall Việt Nam said it plans to build its first trading area, Aeon Mall Huế, with an investment of $170 million in An Vân Dương new urban area.

Huế has built six industrial zones on 2,600ha, creating a smooth space for domestic and foreign investors.

The $104 million-invested Gilimex Industrial Park – the first ‘green and clean’ destination for domestic and foreign investors – has been under development ready to host key hi-tech investors from international and domestic sources.

Thừa Thiên Huế has already granted licences to 19 new investment projects, worth $208 million, including eight FDI projects worth $33.2 million. VNS