The People's Committee of Bac Ninh province has just issued an official dispatch on the appraisal of the investment policy of the Khuc Xuyen New Urban Area project.
The official dispatch sent to the Ministries of Finance, Agriculture and Environment; Construction; Industry and Trade; Culture, Sports and Tourism; Home Affairs; Health; Education and Training said that the People's Committee of Bac Ninh province is currently organizing the appraisal and approval of the investment policy for the Khuc Xuyen New Urban Area project.
Project implementation location: Kinh Bac Ward and Vo Cuong Ward, Bac Ninh Province.
Project scale: Invest in the construction of the New Urban Area project with a scale of 26.831 hectares including technical infrastructure works, social infrastructure, low-rise commercial housing works, high-rise housing mixed commercial services.
Construction works are sold, leased, or leased in accordance with the provisions of law.
Estimated total investment capital: VND 4,603,142,000,000. The project's operation period: 50 years from the date of land allocation by the state, land lease decision, land use purpose change decision.
Project implementation progress: 7 years are divided into 2 investment phases.
The units proposing the investment project include: HUDLAND Real Estate Investment and Development Joint Stock Company and Anh Phu Trading and Service Company Limited.
The People's Committee of Bac Ninh province requests the Ministries to give their appraisal opinions according to regulations as a basis for the People's Committee of Bac Ninh province to approve the investment policy for the Project to ensure compliance with the provisions of law.
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.
A series of new urban area projects 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.
