Approval of investment policy for 2 social housing projects worth over 3,000 billion VND

The Provincial People's Committee has just issued a decision approving the investment policy of two social housing projects in Tuy Hoa City in the form of bidding to select investors according to regulations.

Specifically, the Provincial People's Committee approved the investment policy of the An Phu social housing project, with a land use area of ​​about ^43,228m2 , investing in the construction of about 2,270 apartments (apartment area of ^{​​35-70m2} ) and commercial services. The total investment capital of the project is about 2,584 billion VND; the operating period is 50 years, the project implementation progress is 60 months, from the date of land handover on site.

The Provincial People's Committee also approved the investment policy of the Social Housing Project in the North of Tran Phu Street, Ward 9, with a land use area of ​​about ^8,236m2 ; the number of invested apartments is about 480 units (apartment area ^35-70m2 ) and commercial services. The total investment capital of the project is about 548 billion VND, the operating period is 50 years; the project implementation progress is 45 months, from the date of land handover on site.

The investment objective of these projects is to implement the Project to invest in building at least 1 million social housing units for low-income people in Phu Yen province; meet and solve the housing needs of beneficiaries of social housing policies; form a social housing area in the form of apartment buildings, synchronous technical infrastructure, social infrastructure. At the same time, concretize the detailed planning adjustment project at a scale of 1/500 of the urban residential area project adjacent to the North of Tran Phu Street (phase 1) and concretize the detailed planning project at a scale of 1/500 of the technical infrastructure project of the residential area south of Sao Viet Eco- tourism Area and the residential area west of the An Duong Tau Suoc Center, An Phu Commune, Tuy Hoa City.

The Provincial People's Committee requires investors implementing the above projects to be responsible for investing in the construction of the entire project (including apartments) before handing over the apartments to customers; investing in the construction of the project in accordance with the planning, design documents, contents of the document approving the project investment policy and the project progress approved by competent authorities; investment in construction and housing business must comply with the approved detailed planning and legal regulations...

Source: https://baophuyen.vn/kinh-te/202505/chap-thuan-chu-truong-dau-tu-2-du-an-nha-o-xa-hoi-tren-3000-ti-dong-171568b/