The People's Committee of Bac Ninh province has just issued an official dispatch on handling the situation in bidding to select investors for the investment project to build a new urban area in Dinh Bang Ward, Tu Son City (old), Bac Ninh Province.
Official dispatch sent to the Department of Finance and the Management Board of Civil and Urban Development Projects of Bac Ninh Province No. 2.
Accordingly, considering the proposal of the Department of Finance in the document dated August 12, 2025 on handling the situation in bidding to select investors for the investment project to build a new urban area in Dinh Bang Ward, Tu Son City, Bac Ninh Province
The Chairman of the Provincial People's Committee agreed to allow the bidding to be opened immediately to conduct the assessment according to the provisions of Point b, Clause 2, Article 59 of Decree 115/2024/ND-CP dated September 16, 2024 of the Government.
At the same time, the Bac Ninh Province Civil and Urban Development Project Management Board No. 2 (Craving Invitation) was assigned to organize the implementation of selecting project investors in compliance with the content of the bidding documents; procedures and regulations of the law on bidding.
Assign the Department of Finance, according to its functions and tasks of state management, to guide the Management Board of Civil Projects and Urban Development of Bac Ninh province No. 2 in the implementation process according to regulations.
According to the reporter's research, the above project has a total investment capital of VND 9,567 billion, with the goal of investing in building a civilized and modern new urban area.
The land area expected to be used is about 52.55 ha. Of which, residential land has an area of about 35.68 hectares, accounting for about 67.9%. The population is about 5,407 people.
The progress of investment preparation and implementation of the project is expected to be 6.5 years (78 months) from the date of selection of the investor to implement.
Bac Ninh is one of the industrial capitals in the North, concentrating a series of FDI giants in the fields of technology equipment manufacturing, electronics, and semiconductors.
In recent years, Bac Ninh has also become the destination of a series of large investors in the real estate sector.
7 new urban area projects with a total investment of nearly 105,000 billion VND are being accelerated in this locality.
Transport infrastructure in Bac Ninh is changing strongly. Gia Binh Airport was just started at the end of last year.
The Prime Minister agreed to upgrade the construction of Gia Binh airport to international scale, from level 3C to level 4E.
Hanoi City has also agreed on the plan to build a nearly 50km, 120m wide road connecting Gia Binh airport with the center of the capital.
