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  • Location : Daphuoc Newtown area, Danang, Vietnam.
  • Land area : 210 ha.
  • Project scale : 18 – hole golf course center, international school apartment and villa, office building.
  • Total Investment amount : US$300 million.
  • Project period : 2007 ~ 2017.
  • 100% Daewon – invested project.
COMPANY DAEWON CANTAVIL CO., LTD
SITE LOCATION DAPHUOC NEWTOWN AREA, DANANG CITY, VIETNAM
SITE AREA 2,105,382 m2
TOTAL FLOOR AREA 3,455,727 m2
Items Site Area Total Floor Area
Residential Apt. ( Mid – High-rise) 156,206 406,136
Residential Townhouse 240,059 312,077
Golf Village 50,238 32,655
Mixed – Use – High-rise/ Retail 332,987 2,118,265
Mixed – Use – Resort Hotel 40,061 52,079
Convention / Hotel 120,410 469,599
International School 24,968  
Golf Course 18 – hotel 803,886  
Community Park 128,548  
Etc. 208,019  
Total Area 2,105,382 3,455,727
This project, Danang Daphuoc Newtown, had been originally established according to Danang City Development Plan and promoted by a Korean construction company. However, through the influence Of IMF 1997, the Korean company encountered some difficulties to execute the project and finally Decided to resign it. Thereafter Danang tried to re – promote the project and Daewon took a good Opportunity to sign the in – principle contract of City Development with Danang in 2006.

- 2005 : Project introduction by Danang IPC (investment and promotion Center)

- 2006 : Decision to carry out the project by Danang City and Singing in – principle contract with Daewon Co., Ltd.

- 2007 :

January.
February.
April.
June.
August.
September.
Survey of sea and Project boundary.
Preparing of Master Plan and meeting with Danang official.
Completion of Master Plan and design for civil work.
Meeting with Danang official and discuss about the project.
Completion of designing for civil work.
Acquisition of investment license (Plan).