Bac Ninh Provincial People's Committee has just approved the investment policy and at the same time assigned the investor to implement the social housing project in Da Mai - Song Mai 2 urban area, Da Mai ward, Bac Ninh province.
Accordingly, the investor is Danko Group Joint Stock Company. Address: 1st Floor, building C6, Tran Huu Duc street, My Dinh 1 urban area, Hanoi city. Legal representative: Tran Thi Thu Thuy, position: General Director.
The project has a scale of 3.06 ha, expected to supply to the market about 1,395 social housing apartments for sale, the floor area of apartments is about 76,725m2. In addition, there are about 15,345m2 of floor area for service and commercial business.
The estimated total investment is more than 1,633 billion VND. Of which, owner's equity is more than 330 billion VND, and the rest is loans and other legally mobilized capital of more than 1,300 billion VND.
The decision also clearly states that the investor must return the state budget with an amount of more than 31 billion VND. This is the cost of compensation for site clearance and infrastructure construction costs of the project land area.
Bac Ninh is the leading locality in the country in developing social housing - according to the assessment of the Ministry of Construction.
In the first 9 months of 2025, this locality completed an additional 12,649 apartments, reaching about 80% compared to the target assigned by the Prime Minister in 2025 (15,920 apartments). Regarding the target for 2026, Bac Ninh province registered to develop 20,000 social housing units (an increase of more than 2,000 units compared to the target assigned by the Government).
