Hau Giang approves investors meeting requirements to build urban area with capital of over 2,000 billion VND
Hau Giang Provincial People's Committee approved the Consortium of Dat Mien Tay Investment Joint Stock Company and Foodinco Quy Nhon Joint Stock Company to meet the preliminary requirements on capacity and experience to implement the Cai Con New Urban Area project, Nga Bay City.
On August 20, the Vice Chairman of Hau Giang Provincial People's Committee signed and issued Official Dispatch No. 1140/UBND-NCTH on approving investors who meet preliminary requirements on capacity and experience in implementing the Cai Con New Urban Area project, Nga Bay City.
Accordingly, the People's Committee of Hau Giang province approved the Consortium of Dat Mien Tay Investment Joint Stock Company and Foodinco Quy Nhon Joint Stock Company to meet the preliminary requirements on capacity and experience to implement the Cai Con New Urban Area project, Nga Bay City.
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| The project is implemented in Nga Bay City, Hau Giang Province. Source: Nga Bay City |
The People's Committee of Hau Giang province assigned the Department of Planning and Investment to notify and guide the Consortium of Dat Mien Tay Investment Joint Stock Company and Foodinco Quy Nhon Joint Stock Company to carry out procedures for approving investors in accordance with the provisions of the law on investment; at the same time, to post the list of the Consortium of Dat Mien Tay Investment Joint Stock Company and Foodinco Quy Nhon Joint Stock Company that meet the preliminary requirements on capacity and experience on the National Bidding Network in accordance with regulations.
Cai Con New Urban Area Project, Nga Bay City has a land use area of approximately 667,090.54 m2, located in Area VII, Nga Bay Ward, Nga Bay City, Hau Giang Province. The investment objective is to synchronously build technical infrastructure and social infrastructure systems according to the approved planning, contributing to promoting local socio -economic development.
Preliminary housing product structure includes: Townhouses with a total construction land area of 19,911.72 m2, 190 houses; semi-detached villas with a total construction land area of 6,751.73 m2, 29 houses; single-family villas with a total construction land area of 11,409.16 m2, 37 houses.
In addition, the project also arranges a social housing land fund with an area of 50,803.01 m2 (accounting for 20% of the residential land area). After the investor completes the infrastructure construction, it will be handed over to the state according to regulations.
The remaining residential land plots will be transferred by investors in the form of subdivision and sale of land plots after completing the investment in technical infrastructure works according to the detailed planning approved by competent authorities.
Preliminary total project implementation cost is nearly 1,359 billion VND; compensation, support and resettlement costs are nearly 666 billion VND.
Project implementation progress: Completed and put into operation within 60 months from the date the investor is decided to allocate land or lease land.
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