Lang Son reveals investor of Long Hung Residential Area project nearly 5ha

Khánh Linh |

Lang Son - The Provincial People's Committee has just approved a direct economic organization to implement the Long Hung Residential Area project.

Lang Son Provincial People's Committee has just issued a Decision on supplementing information on investor selection results for the Long Hung Residential Area project.

According to the decision, the economic organization officially implementing the project is Nam Son Long Hung Urban Development Co., Ltd.

This project enterprise must be won by a joint venture of investors - including Nam Son Consulting and Investment Joint Stock Company and GDC Group Joint Stock Company - holding 100% of charter capital.

Long Hung residential area is located in Long Dong commune, Bac Son district (old), with a total scale of 4.87 ha. The total investment of the project reached more than 117 billion VND, this capital level does not include compensation and resettlement costs.

Regarding the detailed planning, the project is expected to serve about 700 local people and neighboring areas, of which the new population accounts for about 608 people, and the rest is the current population. The construction implementation process is divided into 2 phases.

Phase 1, focusing on building infrastructure on an area of about 2.3 hectares, including adjacent residential land areas (from LK-01 to LK-09), green areas and synchronous technical infrastructure systems.

Phase 2, continue to complete the remaining 0.6 ha of infrastructure, including public land, parking lots and residential land LK-10.

When the phases are completed, the project will supply a total of 150 adjacent land plots to the market. The investor will proceed with rough construction and exterior finishing for 21 houses, the remaining land plots will be put into business in the form of land subdivision for sale.

Lang Son province expects the project to form a civilized and modern rural residential area, possessing a synchronous technical and social infrastructure system, thereby contributing to improving the quality of life for local residents.

Khánh Linh
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