The OXH02 Social Housing Project has an investor.

The Provincial People's Committee has just decided to assign the investor without bidding for the social housing construction investment project that has been approved in principle, which is the OXH02 Social Housing Project in Nha Trang ward.

According to the decision, Minh Ngoc Urban Development and Construction Investment Joint Stock Company is a joint venture with Delta V Construction and Technology Application Joint Stock Company as the investor of the OXH02 Social Housing Project, in which Minh Ngoc Urban Development and Construction Investment Joint Stock Company is assigned to represent the investor. This decision is applied according to Resolution No. 201 dated May 25, 2025 of the National Assembly on piloting a number of specific mechanisms and policies for social housing development and properly implementing the order and procedures of Decree No. 192 detailing a number of articles and measures to implement Resolution No. 201.

Land plot No. 10 Truong Son Street, Nha Trang Ward is the investment location of Social Housing Area OXH02.

The land area for the project has an area of ​​13,027m², located at 10 Truong Son Street (Nha Trang Ward). Currently, a part of the land is managed by the Provincial Land Fund Development Center, a part of the area is used by May Viet Company Limited and Khatoco One Member Company Limited, the land lease term has expired in 2020 and a decision has been made to reclaim the land. The Provincial People's Committee assigned the Nha Trang Ward People's Committee to urgently carry out the reclamation procedures, promptly handing over the project to the investor in September.

The project has a total investment of more than 2,200 billion VND, planning to build 2 social housing blocks accounting for 80% of the area and the rest is commercial apartments (20%). When completed, the project will provide 1,540 apartments, providing accommodation for about 4,060 people, including 1,215 social housing units and 325 commercial apartments. The Provincial People's Committee assigns departments, branches, sectors and localities to be responsible for managing, supervising and guiding investors in the process of implementing legal procedures on construction, environment, fire prevention and fighting, land, housing, real estate business according to the provisions of law; resolve according to their functions and competence or submit to competent authorities to resolve difficulties and problems of investors in the process of project implementation.

Perspective of OXH02 Social Housing Project.

According to the investor representative, the implementation of the OXH02 Social Housing Project is of great significance, contributing to supplementing the local housing fund, meeting the housing needs of people who are beneficiaries of social housing support policies; contributing to the implementation of the Project to deploy 1 million social housing units nationwide as called for by the Prime Minister . The project will contribute to the synchronous construction of social infrastructure systems, technical infrastructure in the surrounding area, ensuring urban aesthetics. The investor has sent a document to the Provincial Party Committee, the Provincial People's Committee, and the Department of Construction to register the OXH02 Social Housing Project in the list of projects to celebrate the 1st Provincial Party Congress, term 2025 - 2030. In addition, the investor also committed to starting the project in October and in the first quarter of 2026, meeting the conditions for sale if the Provincial Land Fund Development Center soon hands over the remaining area that has not been recovered from May Viet Company Limited and Khatoco One Member Company Limited.

According to the plan, the project investment preparation work will be carried out from the third quarter to the fourth quarter of 2025; the construction phase, including technical infrastructure, social infrastructure and works under the project will take place from the fourth quarter of 2025 to the end of the second quarter of 2027, when the project is completed and handed over for use. The project's operating period is 50 years (from the date the project is assigned to the investor).

MANH HUNG

Source: https://baokhanhhoa.vn/xa-hoi/202508/du-an-khu-nha-o-xa-hoi-oxh02-da-co-chu-dau-tu-31b586b/