On November 30, the Office of the People's Committee of Hoa Binh province informed that the Provincial People's Committee has just approved the investment policy for the project of Ecological Urban Area No. 4 in Thinh Minh commune, Hoa Binh city with a population of about 2,500 people.
Accordingly, the project is implemented with the goal of investing in the construction of a new urban area, including a residential area with synchronous technical infrastructure and social infrastructure, harmoniously connected with nature and a complex of ecological, resort, conservation, modern health care, friendly to the environment.
At the same time, create and promote unique service products to support the development of tourism routes along the Da River, an auxiliary space for Hanoi through the connection of the Hoa Lac - Hoa Binh expressway...
The project will be bid to select investors, with a land use area of 648,625 m2, of which commercial residential land (villas) is 99,618 m2, social housing land is 24,905 m2.
The project's investment capital is more than VND 1,454 billion, of which the project implementation cost is VND 1,389 billion and the cost of compensation, support for site clearance and resettlement and replacement forestation is nearly VND 65 billion.
The project's operating period is 50 years from the date the investor is allocated land, leased land, or changes the land use purpose. The term of use of commercial service land, residential land, educational land, and other types of land of the project is determined according to the provisions of the law on land.
Project implementation progress is as follows: from the third quarter of 2024 to the second quarter of 2025, carry out investment preparation procedures, organize site clearance, complete procedures on investment, construction, environment, fire prevention and fighting, grant construction permits...
From the third quarter of 2025 to the second quarter of 2030, construct technical infrastructure items of the project; carry out rough construction, business and handover of housing clusters according to the approved planning according to the corresponding investment phases.
From the third quarter of 2030, put into operation and exploitation.
The People's Committee of Hoa Binh province requires the winning investor to carry out land allocation and lease procedures in accordance with the provisions of the law on land; comply with the provisions of the law on investment, planning, construction, real estate business and the provisions of current relevant laws...
