The investment goal of the project is to move people and assets of households living in the old apartment buildings Van My and 311 Da Nang to ensure safety. Along with that, build resettlement housing infrastructure and social infrastructure to serve on-site resettlement; create a reserve land fund to serve the needs of resettlement and site clearance for other projects in the district; Create a land fund to auction land use rights to increase state budget revenue.
The project will also improve and upgrade the area's technical and social infrastructure systems to serve the goals of urban embellishment and socio-economic development of Ngo Quyen district in particular and Hai Phong city. Generally speaking. Along with that, build a synchronous technical infrastructure system according to planning.
The project scale is to clear land within 5 old apartment buildings in area 311 Da Nang, Cau Tre ward, 11 old apartment buildings in Van My ward and households in the premises of the above apartment buildings. The land area is about 10.07 hectares, not including Sao Sang 3 Kindergarten.
The project also fully builds the technical infrastructure of the resettlement area with an area of about 4.5 hectares, including construction items: leveling, roads, water supply and drainage systems, lighting, etc. planting trees on the street... Besides, 267 plots will be arranged to serve the resettlement needs of projects in the district and on-site resettlement; Build a system of flower gardens and trees with an area of 1.2 hectares, including construction items: leveling; walking path in the flower garden; Synchronized water supply, drainage and lighting systems; planting shade trees, decorative trees, lawns,...
Total project investment is 583,671 billion VND. Of which, the city budget is 582.932 billion VND, Ngo Quyen district budget is 739 million VND. Project implementation time is 2023-2027, of which, project preparation period: 2023 - 2024; Project implementation period: 2024 - 2027.
