(Dan Tri Newspaper) - The Hanoi People's Committee has canceled the urban development project of Vinalines Real Estate Joint Stock Company, Song Da Investment and Development Company, and Song Da 9.06 Company in Dan Phuong district after more than a decade of non-implementation.
Voters in Hanoi have requested the Hanoi People's Committee to inspect the Vinaline Urban Area and Dan Phuong Real Estate projects; and the Hong Thai Urban Area located below the Dan Hoai canal (Dan Phuong district). These projects have been planned for 14 years but have not yet been implemented.
Based on that, voters suggested that if the project continues to be implemented, its progress should be accelerated; otherwise, the city should remove it from the planning so that people can stabilize their investment in production and develop the economy .
In response to this issue, the Hanoi People's Committee stated that in September of this year, the People's Committee issued Decision No. 4621 terminating the implementation of the contents of the documents assigning the investor from the former People's Committee of Ha Tay province and other documents related to the project. This decision assigned the People's Committee of Dan Phuong district to research and propose a plan for managing and exploiting the land area in accordance with the planning and current legal regulations.
A plot of land for an urban development project in Hanoi (Illustrative image: Tran Khang).
Previously, in 2023, in response to voters' questions regarding the aforementioned projects, the Hanoi People's Committee stated that the Hong Thai Urban Area comprises three zones: 40 hectares allocated to Song Da Investment and Development Joint Stock Company; 77 hectares allocated to Song Da 9.06 Investment and Development Joint Stock Company; and 48 hectares allocated to Vinalines Real Estate Joint Stock Company.
These projects have received investment assignment decisions from the People's Committee of the former Ha Tay province, but the investors have not yet completed the procedures for preparing the 1/500 detailed planning and investment projects; the projects have not yet been approved by the competent authority for investment in new urban areas; and the investors have not yet carried out land-related procedures (land acquisition, land allocation, land lease, site clearance, etc.) as required.
At the end of 2022, the city's inter-agency task force submitted a report on the results of reviewing the aforementioned projects, proposing to conduct inspections and audits of the projects, and to strengthen the legal basis for proposing solutions for each specific case (possibly considering terminating the validity of documents related to the project implementation).
In Notice No. 06 of the Hanoi People's Committee Office dated January 9, 2023, the leaders of the Hanoi People's Committee basically agreed with the research, assessment, and classification of the inter-agency working group and assigned the working group to continue researching and clarifying the legal criteria framework for carrying out related procedures (termination, revocation).
Regarding the businesses involved in the project, Vinalines Real Estate Joint Stock Company was established in 2007, with its headquarters on Le Van Luong Street, Nhan Chinh Ward, Thanh Xuan District, Hanoi. Mr. Vu Manh Duong is the representative and director of this company.
This company has three shareholders: Song Da Hanoi Investment and Construction Joint Stock Company, holding 24%; Phu Thai Group Joint Stock Company, holding 10%; and Vietnam Maritime Corporation - Limited Liability Company, holding 40.8%.
Song Da 9.06 Joint Stock Company was formerly Song Da 9.06 Enterprise - Song Da 9 Company - Song Da Corporation (currently Song Da Group).
Song Da 9.06 Enterprise was privatized at the end of 2003.
According to the company's introduction, on January 15, 2004, Song Da 9.06 Joint Stock Company was officially registered. On April 27, 2007, the company's charter capital increased from 5 billion to 25 billion VND. By early 2010, the company had completed increasing its charter capital to 100 billion VND to meet the needs of expanding production and business activities and investing in real estate projects.
Currently, Song Da 9.06 is headquartered on Le Van Thiem Street, Thanh Xuan District, Hanoi. The company is legally represented by Mr. Dinh Ngoc Anh.
Song Da Investment and Development Joint Stock Company has now changed its name to ANI Joint Stock Company, with its headquarters in District 3, Ho Chi Minh City. The company was established in 2004, with Mr. Dang Tat Thanh currently serving as its legal representative. In mid-2019, the company increased its charter capital to nearly 240 billion VND.
Source: https://dantri.com.vn/bat-dong-san/ha-noi-huy-du-an-khu-do-thi-treo-14-nam-tai-huyen-dan-phuong-20241217143304400.htm
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