Oceanami Project (Dat Do district) - one of the first real estate projects of Ba Ria-Vung Tau province - has just been approved a VND573 billion credit package by the Bank for Investment and Development of Vietnam- Ba Ria-Vung Tau branch (BIDV Ba Ria-Vung Tau ) and the reimbursement will be carried out in June.

Accordingly, people who have demand for bank loans to pay for purchase of apartments at the Oceanami project shall get a preferential interest rate by 16% / year with a loan term of 7 years. This project is in the framework of the credit program worth VND4000 billion of BIDV for customers as individuals and families buying apartments, houses in the projects financed by this bank.

According to Mr. Vuong Quoc Hai, Deputy General Director of Khang Linh Real Estate Company, with the capital financed above, investor will focus to accelerate the progress of project, soon complete and project and hand over to customers. Currently, infrastructure investment in the project has reached 70%, in the next time the investor will continue to implement the construction of villa apartments and hotel services area.

The Oceanami project is deployed on a nearly 21ha wide area, including: 180 resort villas, five-star hotel, conference center, restaurant, spa, swimming pool.... The total estimated cost of construction for this Oceanami luxury villas and tourist resort is about VND1146 billion. The project is expected to be completed and put into operation in early 2014.