Ninh Binh approves investment in social housing project worth more than 1,067 billion VND

Lương Hà |

Ninh Binh approves the investment policy for a social housing project in Duy Ha ward with a total capital of more than 1,067 billion VND.

Ninh Binh Provincial People's Committee has just issued a decision approving the investment policy, and at the same time assigned the investor of the social housing (NOXH) construction project in Duy Ha ward.

According to the decision, the project is being implemented on an area of about 1.33ha in Duy Ha ward, Ninh Binh province. The total investment of the project is more than 1,067 billion VND.

The scale of investment to build 3 blocks of social housing apartments with 15 above-ground floors, 1 basement floor; transformer station; greenery landscape, internal roads and technical infrastructure system located within the project boundaries. After completion, the project is expected to provide 819 apartments.

According to the approved schedule, land and construction procedures will be completed in the third quarter of 2026; construction is expected to be carried out from the third quarter of 2026 to the fourth quarter of 2028 and put into operation from the fourth quarter of 2028.

The project is implemented to contribute to completing the social housing development target for the period 2021 - 2030 according to the Government's policy; and at the same time meet the housing needs of low-income people, contributing to ensuring social security and promoting sustainable urban development.

Ninh Binh Provincial People's Committee assigned relevant departments, branches and localities to coordinate in guiding and supervising the project implementation process in accordance with legal regulations; and at the same time requested the investor to ensure the progress and quality of the project, publicize transparent information and fully implement obligations according to current regulations.

Lương Hà
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