Bac Ninh Provincial People's Committee has just issued a decision on approving the results of selecting investors for the Tu Son new urban area project combined with commerce and services.
The decision clearly states that the winning investor is the Hinode Tam Nguyen consortium, including the members:
First joint venture member (Head member of the joint venture): Hinode Housing Business Joint Stock Company, enterprise code: 0108892179;
Member of the second joint venture: Vietnam Construction Investment Joint Stock Company, enterprise code: 0109925162;
Member of the third joint venture: Thang Long Construction and Investment Development Joint Stock Company, enterprise code: 0100111747.
Bac Ninh Provincial People's Committee assigned Bac Ninh Provincial Civil and Urban Development Project Management Board No. 2 to organize negotiations and complete the project contract with the investor.
After completing the signing of the project contract, Bac Ninh Provincial Civil and Urban Development Project Management Board No. 2 coordinates and guides investors to implement the project to ensure legal regulations and signed contract contents.
At the same time, urge investors to ensure financial obligations to the state and commitments to implement proposed projects. The Department of Finance is responsible for the appraisal results; reviewing and managing quality, storing records; guiding and inspecting the implementation according to legal regulations.
Previously, as Lao Dong newspaper reported, in February 2026, Bac Ninh Provincial People's Committee issued a decision approving the investment policy for the Tu Son new urban area project combined with commerce and services.
According to the decision, the project will invest in synchronous construction of technical infrastructure works, works on land area of about 113.06 ha. Project implementation location: Dong Nguyen ward and Tam Son ward, Bac Ninh province.
The project includes technical infrastructure, social infrastructure, low-rise housing, apartments, social housing, service works, education... meeting the housing needs of about 18,026 people.
The total investment capital of the project is expected to be 23,796,869,000,000 VND. Of which, owner's equity is at least 15%, equivalent to more than 3.5 trillion VND, the rest is borrowed capital and other legal capital sources. Preliminary site clearance costs are expected to be more than 504 billion VND.
Project operating period: 50 years from the date of approval of the investor selection results for project implementation.
