Illlustrative image (Source: tinnhanhchungkhoan.vn)The Government has released the medium-term public investment plan for the2021-2025 period with a total capital of up to 2.87 quadrillion VND (120billion USD), an increase of 43 percent compared to the 2016-2020 period. Thecapital is mainly for investment in transport infrastructure in provinces.
According to Viet Dragon Securities Co, the total infrastructure investment inthe 2021-2025 period in Hanoi is 332 trillion VND, HCM City 638.5 trillion VND andDong Nai 595 trillion VND.
In the South, it is apparent that most of the key infrastructure projects underconstruction or planning will pass through Dong Nai province, namely Long ThanhInternational Airport, Ben Luc – Long Thanh Expressway, Bien Hoa – Vung Tau expressway,and Dau Giay - Phan Thiet Highway.
Dong Nai real estate market is of special interest to investors. Many largeconstructors have also become involved in this market such as Novaland, DICCorp, Dat Xanh and Nam Long, to take advantage of opportunities frominfrastructure development.
Deputy Prime Minister Le Van Thanh sent a document asking the People'sCommittee of Dong Nai to focus on speeding up the progress of compensation forland clearance and resettlement for people, helping speeding up theconstruction progress of the Long Thanh airport project phase 1.
By the end of August 2021, Dong Nai had approved the compensation plan for4,584 cases with an area of more than 1,900 hectares and a total amount ofcompensation of more than 9 trillion VND.
The Provincial People's Committee has also proposed that the Government supportthe locality with more than 4 trillion VND to invest in two roads connectingLong Thanh airport, including provincial road 763 and provincial road 770B.
According to analysts, real estate projects located around the airport willbenefit in the future.
Notably, the Gem Sky World urban area project developed by Dat Xanh Group,enjoying the advantage of infrastructure and synchronous design of the area,has quickly become a hotspot in the province.
The project attracted many customers. Its self-built townhouses were initiallypriced at 18 million VND per square metre but now, after a year of opening forsale, its price has increased to over 30 million VND per square metre, up by 70percent.
The attraction of Dong Nai's real estate market also comes from its proximityto Ho Chi Minh City, with Long Thanh-Dau Giay Expressway being a key intersectionconnecting the two areas.
The province also has many large industrial parks, which are the driving forcefor the provincial economy. Currently, there are 32 industrial parks inoperation and in 2021, three more parks are completing procedures. It isexpected that in the 2021-2030 period, there will be eight new industrialparks.
According to securities companies, with the above advantages, projects such asAqua City of Novaland, Izumi City of Nam Long Group, and Gem Sky World of DatXanh Group, are expected to bring benefits to investors and customers who buyearly to invest or settle down. When the social distancing measures are easedand public investment disbursement is accelerated, this group will benefit.
According to ACB Securities Co, in 2021, NVL revenue will total about 21.44trillion VND, up 327 percent compared to 2020 and profit will reach 4.39trillion VND, up 12 percent thanks to the revenue contribution mainly from AquaCity, Novahills Mui Ne and NovaWorld Phan Thiet.
For Nam Long (NLG) has just increased its ownership rate to 65 percent in theWaterfront project, expected to open for sale in Q4. According to Viet DragonSecurities Co, in 2021, the main highlight of NLG is stable sales growth. It isestimated that the total sales value in 2021 will reach 9.3 trillion VND fromthe sale of 2,359 realty products.
Estimated revenue and profit in 2021 is 4.44 trillion VND, up 100 percentyear-on-year, and 1.15 trillion VND, up 38 percent year-on-year, respectively.
Dat Xanh Group (DXG) plans to develop urban areas scattered across the country,besides dozens of projects that have been developed, with a total land area ofnearly 2,300 hectares in HCM City, Binh Duong, Dong Nai, Long An, Kien Giang,Khanh Hoa, Bac Giang and Vinh Phuc.
DXG is expected to achieve high growth in 2021 thanks to the handover of GemSky World and Opal Boulevard projects and the recovery of the real estatemarket.
ACBS Securities forecasts that DXG's net revenue in 2021 can reach 9.2 trillionVND, up 219 percent over the same period last year, and post-tax profit of 1.24trillion VND.
In early September, DXG was positively evaluated by many securities companiesand recommended to buy./.
VNA
