The Tianjin Villas used to be the residence of hundreds of experts building the Dung Quat oil refinery. When the project was completed, the experts returned home, and the villas fell into disrepair for the past 14 years.
In 2005, Quang Ngai province welcomed hundreds of foreign engineers and experts to participate in the construction of Dung Quat oil refinery . Therefore, the province assigned Thien Tan Investment and Construction Joint Stock Company to survey and find a suitable location to build a housing area for this team.
After surveying, Thien Tan Investment and Construction Joint Stock Company chose a prime location in Van Tuong urban area (Binh Son district, Quang Ngai). This location has an open space facing the sea, suitable for building resort villas.
Thien Tan Villa used to be the residence of hundreds of experts participating in the construction of Dung Quat oil refinery (Photo: Quoc Trieu).
In July 2006, 72 villas, 160 single rooms and service areas such as swimming pool, tennis court, mini supermarket were completed. The total investment capital of the project is nearly 100 billion VND.
Thien Tan Villa area meets 3-star standards, becoming the residence of hundreds of experts and engineers from many countries around the world. The birth of Thien Tan Villa area contributes an important part to the progress of Dung Quat oil refinery construction.
Investors expected that the development of Dung Quat Economic Zone would create momentum for the development of Van Tuong urban area. From there, Thien Tan villa area would become a highlight of this area. However, investors' expectations did not come true.
Thien Tan villa area is just a few kilometers from Dung Quat oil refinery (Photo: Quoc Trieu).
In mid-2010, the Dung Quat oil refinery was completed, and experts and engineers returned home one after another. Since then, the Thien Tan villa area has fallen into disrepair.
According to the investor, after the experts and engineers left, the Thien Tan villa area fell into a difficult situation.
Some businesses in Dung Quat Economic Zone intended to lease this villa. However, for various reasons, the businesses changed their minds. Since then, the Thien Tan villa area has been virtually closed.
On average, each month, the company has to spend about 70 million VND to pay workers to take care of the trees and maintain the villa area.
Blocks of houses in the Tianjin villa area are degraded and damaged (Photo: Quoc Trieu).
Representatives of the Management Board of Dung Quat Economic Zone and Quang Ngai Industrial Parks said that the Thien Tan villa area is currently deserted, but the enterprise had previously completed the initial investment target of the project.
The development of Van Tuong urban area is not as expected, which is the reason why the villa area is not effective. In the past, the Management Board has worked with the investor many times to share the difficulties. At the same time, it has created conditions and introduced many businesses to rent this villa area, but still has no results.
The underdeveloped Van Tuong urban area has led to many abandoned projects, including the Thien Tan villa area (Photo: Quoc Trieu).
According to the Management Board of Dung Quat Economic Zone and Quang Ngai Industrial Parks, Van Tuong urban area is now part of the Dung Quat Southeast Service Urban Area.
This is an important premise and basis for calling for investment in urban, service and tourism sectors. This has led to the development and resumption of abandoned projects in Dung Quat Economic Zone, including the Thien Tan villa area.
National Dynasty
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