Signing of credit contract for the Long Duc Industrial Park Social Housing Project

22/09/2025 12:09

On September 12, 2025, Vietnam Development Bank (VDB) – Ca Mau Branch held a ceremony to sign a credit contract with Minh Anh Import Export Trading Construction Development Investment Corporation to finance the Long Duc Industrial Park Social Housing Project.

 Attending the signing ceremony were Mr. Nguyen Quynh Thien, Vice Chairman of Vinh Long People’s Committee; leaders of several provincial departments and agencies; Mr. Le Van Hoan, Chairman of VDB’s Board of Directors; Mr. Dao Quang Truong, General Director of VDB; and Mr. Hoang Duy Khai, Chairman of the Board and General Director of Minh Anh Import Export Trading Construction Development Investment Corporation, together with members of the company’s board of directors.

The Long Duc Industrial Park Social Housing Project is a Category-B investment covering an area of 42,300 m². The development will comprise nine blocks with 1,118 social housing units; 46 three-story commercial townhouses; a three-story commercial center; a three-story office building; a three-story kindergarten; and a community center. The total investment is 760.44 billion VND, of which up to 463 billion VND (approximately 60.9% of the total) will be financed through state development credit, with a maximum loan term of 10 years.
Representatives of Minh Anh Import Export Trading Construction Development Investment Corporation committed to implementing the project on schedule, ensuring its effectiveness, using the loan for its intended purposes, and fulfilling all repayment obligations under the signed credit contract. The company also expressed its expectation of continued cooperation and support from VDB in carrying out other projects within its development strategy in the future./.
 



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