HUE CITY, FUTA GROUP, AND KIM LONG MOTOR COOPERATE TO BUILD A HERITAGE CITY – MODERN INDUSTRIAL HUB

Urban real estate projects: Research, propose, and develop projects such as the Chan May Administrative and Financial Center Urban Area and the Lang Co – Lap An Lagoon Urban-Commercial-Service Complex, alongside infrastructure renovation in the Lang Co area. In parallel, the parties will jointly invest in housing projects for low-income residents, contributing to sustainable social welfare in Hue, particularly in areas supporting the large-scale automotive industry.

Transport infrastructure and public transportation: Collaborate to study and deploy urban monorail lines, including Hue City – Phu Bai, Phu Bai – Chan May Lang Co, routes along the Huong River, heritage site connections, and inter-regional routes under appropriate investment models. Develop an electric bus system for Hue City, initially piloting student and tourist shuttle services at selected attractions.

Industry and manufacturing: Develop industrial complexes such as automobile manufacturing and supporting industries; foster partnerships in green steel production, LNG power plants, and deep-water port infrastructure at Chan May, as well as projects that align with Hue’s investment attraction criteria.