Ha Tinh - the new center of the real estate market after Covid

Ha Tinh is an attractive destination for many investors.source: baohatinh.vn

Striving to become the development pole of the North Central region

With impressive growth figures, Ha Tinh is a bright spot attracting investment in the North Central region. According to 2019 statistics, this place is home to more than 1,378 projects, with a total registered capital of 430.41 billion VND; is one of the 5 provinces with the highest GRDP growth rate in the country; Per capita income, FDI leads the region.

Ha Tinh is one of the 9 most successful localities in the country in attracting investment and is aiming to become the industrial, trade and service center of the North Central region. The evidence is that the industrial production value in 2019 reached 75,800 billion, the budget revenue was among the 17 highest provinces and cities in the country.

The province currently owns two national key economic zones, Vung Ang and Cau Treo; two industrial zones, Ha Vang and Gia Lach, which are part of the national industrial zone planning; and 17 industrial and handicraft clusters.

This is the gathering place of “huge” investors, international class: Vingroup, Nguyen Hoang, Formosa… From surprise to attention and interest, currently other “big guys” are also paying special attention to this fertile “piece of cake”. A series of “huge” projects are being named. In the near future, this will be the industrial capital, a promised land calling for investors.

Ha Tinh is blessed with beautiful landscapes. Source: baohatinh.vn

Land of great potential

Possessing all the favorable factors of time, place and people, in recent years, Ha Tinh has gradually positioned itself as a “promised land” in the eyes of investors. This place is endowed with extremely rich natural resources, golden forests, silver seas, and fertile land. With a 137km long coastline, along with a series of beautiful, pristine and lyrical beaches such as Thien Cam Beach, Xuan Thanh Beach, Cua Sot Beach, Bai Lu Beach, etc., it has great potential for developing resort tourism.

With a favorable location, located on a vital trade route, Ha Tinh is one of the leading localities in the country in investing in developing synchronous transport infrastructure. This is one of the three provinces with the longest National Highway 1A running through it; Son Duong is the deepest seaport in Vietnam - a place approved by the Government to be planned as one of the three international sea trade hubs of Vietnam. …

Currently, the province is investing in a series of large projects.:Bai Vot - Vung Ang Expressway with capital15.2 trillion VND; Ham Nghi extended road with a total investment of 286 billion VND; Xuan Hoi - Thach Khe - Vung Ang coastal road, with a total investment of 1,495.8 billion VND... These key traffic projects create a chain of links, promoting regional development.

The strong development of Ha Tinh has been predicted early thanks to the comprehensive changes of the province in terms of infrastructure and socio-economics over the past years. Especially, the innovation in policies and unprecedented incentives have created the most ideal environment to attract and "retain" long-term investors.

In the eyes of investors, Ha Tinh province is dynamic, rich in potential resources, advantages to explode in the future; a place where "good land attracts birds". Therefore, real estate projects "standing" here expect to receive quite good purchasing power from the market.

The driving force behind the real estate market boom

As a locality with rich potential and an astonishing growth rate, Ha Tinh’s current planning has not yet met the increasing needs of people for housing, living, and entertainment. Therefore, Ha Tinh is ready to welcome and support investors to implement projects.

In addition, the advantage of a large area of ​​clean land is enough to meet the planning of a large project with synchronous utilities, landscape infrastructure; land prices are at a very reasonable starting level, prime location ... are also reasons for Ha Tinh to continue to become a "magnet" attracting investors.

A real estate project in the center of Ha Tinh City. Source: baohatinh.vn

In early 2020, despite the Covid pandemic, Ha Tinh still emerged as a "phenomenon" when it continuously received good news about attracting investment. Vingroup participated in the bidding for a 1 billion USD project with a scale of 136.8 hectares in the West of Ha Tinh City; T&T invested more than 3,680 billion VND to build an urban area in the South of the city and the Nam Cau Phu urban area, commercial services and ecological villa project; Tan Hoang Minh Group invested in a 1,500 billion VND project on Nguyen Huy Tu Street.

Muong Thanh Group also successfully bought the largest golf course in Ha Tinh. FLC Group is exploring investment in a golf course complex, resort tourism, entertainment and coastal urban area.

Along with that, many projects that have been frozen for many years have also begun to restart. Ha Tinh has become one of the focal points, mentioned a lot in the post-Covid real estate market. In contrast to the gloomy situation in many places, the Ha Tinh real estate market is very vibrant. Therefore, according to investors, this is the "golden" time to participate in this strongly "reviving" real estate market...