Ninh Binh Announces Winning Investor for Over VND 16 Trillion Eco-Urban Project: A New Development Engine for Hoa Lu Ancient Capital

Hanoi, November 20, 2025 – Ninh Binh province has officially announced that a consortium of investors led by Ecopark Hai Duong Investment JSC has won the bid to implement the Eco-Urban Area Project in the eastern part of Hoa Lu City. With a total investment exceeding VND 16.4 trillion (approximately $622 million) and covering an area of about 163 hectares, this is one of the province's largest and most strategic urban projects, promising to create a new, modern, and sustainable face for the ancient capital of Hoa Lu.

Project Details and Investment Scale

The Eco-Urban Area Project is strategically located in the eastern part of Hoa Lu City, an area earmarked for significant development. The winning consortium includes Ecopark Hai Duong Investment JSC, Hong Phong Investment and Development Company One Member Limited, and Minh Anh Service Trading One Member Company Limited. The involvement of Ecopark, a reputable real estate developer known for large-scale, eco-friendly urban projects, underscores the quality and vision of this undertaking.

The project is expected to deliver a total of 7,661 diverse housing products, including:

• A 15-story commercial apartment building with 1,573 units.
• A social housing block (up to 15 stories) with approximately 3,884 units, addressing the housing needs of middle and low-income residents.
• Various other housing types such as villas, townhouses, and shophouses, fostering a diverse and vibrant residential community.

In addition to residential products, the project emphasizes the development of comprehensive social infrastructure and services, including schools, medical facilities, green parks, entertainment areas, and commercial amenities, aiming to ensure a comfortable, modern, and environmentally friendly living environment. The preparation and implementation phase of the project is slated from 2025 to 2032.

Strategic Significance for Ninh Binh's Development

The Eco-Urban Area Project is not merely a real estate venture but a crucial component of Ninh Binh province's overall development strategy, especially as the province strives to upgrade Hoa Lu District into Hoa Lu City by 2025.

1. Urban Expansion and Modernization: The project will significantly contribute to expanding urban space, modernizing infrastructure and services, and shaping Hoa Lu into a civilized, green, and livable city.
2. Sustainable Development: Bearing the name “Eco-Urban” and leveraging Ecopark's expertise, the project is committed to green design solutions, environmental protection, and sustainable development, aligning with Ninh Binh's orientation towards eco-tourism and cultural development.
3. Economic Catalyst: The construction and operation of the project will attract a large influx of new residents, businesses, and investors, creating thousands of jobs, stimulating local economic growth, and increasing budget revenues.
4. Enhanced Quality of Life: The integrated social infrastructure and amenities will directly improve the quality of life for residents, providing a better living environment and access to modern services.
5. Tourism Development Support: Located near UNESCO World Heritage sites like the Trang An Landscape Complex, the development of a modern, sustainable urban area will help better manage tourism growth and preserve the region's cultural and natural heritage.
6. Strategic Positioning: This project reinforces Ninh Binh's position as an emerging industrial, logistics, and tourism hub in Northern Vietnam, attracting investment and fostering regional connectivity.

Opportunities and Challenges

The success of the project will depend on various factors, including timely execution, construction quality, and market absorption. However, given its strategic location, large scale, and the investor's reputation, the Eco-Urban project is expected to become a highlight on Vietnam's real estate and urban development map.

For investors and managers in the construction and materials industries, this project presents significant opportunities. The demand for high-quality construction materials, especially sustainable and environmentally friendly materials like steel and aluminum, will surge. To better understand these materials, you can refer to aluminum coil and sheet price quotes and learn about the applications of aluminum from daily life to industrial production.

Conclusion

The Eco-Urban Area Project in Ninh Binh is a clear testament to the province's strong and sustainable development vision. With the participation of leading investors and a massive investment scale, this project not only promises to deliver a high-class living space but also serves as a crucial driver for economic, social, and urban growth in Ninh Binh over the next decade. This is a strategic step, positioning Ninh Binh as an attractive destination for both residents and investors.

References:

• VnEconomy.vn
• Perplexity AI (verification and supplementary data from other reputable sources)
• Vietnam.vn
• Cushman & Wakefield
• VietnamPlus
• Asia King Travel
• Vietnam Briefing
• Hai Long JSC
• Qdnd.vn
• Bao Long An
• Diễn đàn Doanh nghiệp