Deploying the project to build 475 social housing apartments worth nearly 600 billion VND

Recently, the Lao Cai Provincial Party Committee and People's Committee have requested relevant units to implement the Social Housing project on the left bank of the Red River, Van Hoa Commune, Lao Cai City to develop a social security system and stabilize the lives of low-income people and workers in industrial parks in Lao Cai Province.

Lao Cai is implementing a project to build 475 social housing apartments worth nearly 600 billion VND, picture 1. — Perspective of the project of 4 social housing blocks, 12 floors high, equivalent to 745 social housing apartments, built on the left side of the Red River in Son Man village, Van Hoa commune, Lao Cai city.

In order to carry out the assigned tasks, in the past time, the Management Board of Lao Cai Economic Zone has actively coordinated with the departments and branches of the province to focus on and speed up the appraisal progress of the Social Housing project on the left bank of the Red River, Van Hoa commune, Lao Cai city proposed by the Department of Transport and Construction.

On August 28, the Lao Cai Provincial Economic Zone Management Board approved the Decision on approving the project investment policy in the form of selecting investors through bidding according to the provisions of law.

Project implementation location: Son Man village, Van Hoa commune, Lao Cai city, Lao Cai province. Project land area is 16,608 m2, project scale is 4 social housing blocks 12 floors high, total floor area is 66,560 m2, equivalent to 745 social housing apartments, meeting the housing needs of about 1,863 people. Total investment capital is about 600 billion VND.

Project implementation period is 50 years from the date the competent state agency approves the results of selecting the Investor to implement the project.

Project implementation progress: Construction investment within 3 years from the date of approval of the investor selection results. The Investor's business period shall not exceed 47 years from the date of completion of construction, acceptance and putting the project into use.

Currently, the Lao Cai Provincial Economic Zone Management Board is focusing on completing procedures to organize bidding to select investors.

Information about the bidding organization selecting investors to implement the project will be posted on the national bidding information portal in accordance with legal regulations./.

Pham Ngoc Trien

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