8:32 PM
Tran Duc Ninh
Da Phuoc Newtown had been originally established according to Danang City Development Plan and promoted by a Korean construction company. However, through the influence Of IMF 1997, the Korean company encountered some difficulties to execute the project and finally Decided to resign it. Thereafter Danang tried to re – promote the project and Daewon took a good Opportunity to sign the in – principle contract of City Development with Danang in 2006.
Da Phuoc Newtown is being built on the total area of 210 hectares in the west of Thuan Phuoc bridge, Hai Chau District, Da Nang City.
The complex includes the resorts, 18 hole golf course, marina, international hotel, conference center, the office building 60 stories high, the commercial centers, villas and highclass apartments.
About 180 hectares along the Danang Bay were leveled to serve this project. The project was officially started on 29/02/2008 and expected to be completed within 10 years.
Design by Haeahn Architecture Inc.
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