The People's Committee of Bac Ninh province has just issued a decision on assigning Huong Thinh Joint Stock Company as the investor to implement the Investment Project to build a Social Housing Area on a 20% land fund of the Housing Area auctioned for land use rights to create capital for infrastructure construction in Lim town, Tien Du district (now Tien Du commune, Bac Ninh province).
Huong Thinh Joint Stock Company is located at: Vo Cuong Industrial Park, Vo Cuong Ward, Bac Ninh Province.
The project has a population of about 410 people. Expected land area: About 3,124.2 m2.
Social housing project has about 102 apartments. Social infrastructure works: Green parks, sports facilities..., Synchronous technical infrastructure according to regulations.
Estimated total investment capital (excluding expected land acquisition costs): About 177,317,000,000 VND.
The project's operation period: 50 years (from the date the competent authority decides to allocate land and lease land; the land allocation and lease period is according to the provisions of the law on land).
According to the Prime Minister's 1 million social housing projects, Bac Ninh province is assigned to invest in the construction of at least more than 135,000 apartments for workers and low-income people.
According to the Department of Construction of Bac Ninh province, there have been 71 social housing projects in the province with a total land area of about 255 hectares. When completed, the projects will meet about 9.12 million m2 of floor space with about 102,390 apartments.
Of these, 26 projects have been completed, 5 projects have been partially completed with a total of 20,726 apartments. The remaining 45 projects are being implemented; organizing compensation and site clearance for investment and construction.