Auction of Con Bap Eco-tourism project with starting price of over 3,581 billion VND

DNO - The Con Bap Eco-tourism Project (Hoi An Ward, Da Nang) will be put up for auction with a starting price of more than VND3,581 billion, after being seized by the bank to settle debt.

Con Bap Eco -tourism Project.

According to Cao Nguyen Joint Stock Auction Company, the auctioned assets include all rights and benefits: land use rights, development rights, project exploitation rights and other rights.

The starting price is set at more than 3,581 billion VND, the deposit is more than 179 billion VND (equivalent to 5% of the starting price), the minimum price step is 500 million VND.

The registration period for the auction lasts until September 25. The auction is scheduled to take place on September 30, 2025 at 30 Nguyen Tat Thanh (Hoi An Tay Ward, Da Nang ).

The documents are sold and received at the headquarters of Cao Nguyen Joint Stock Auction Company (Thu Duc city, Ho Chi Minh City) and the auction address.

The project was approved for detailed construction planning adjustment (scale 1/500) according to Decision No. 91/QD-UBND dated January 10, 2021 of the People's Committee of Quang Nam province (old) and was granted an investment registration certificate in July 2022.

However, due to the borrower's failure to fulfill its financial obligations, Nam A Bank has seized all rights and benefits arising from the project to handle and recover the debt.

Source: https://baodanang.vn/dau-gia-du-an-khu-du-lich-sinh-thai-con-bap-voi-muc-khoi-diem-hon-3-581-ty-dong-3302880.html