Ninh Binh Provincial People's Committee has just issued a decision approving the investment policy and assigned the investor of the Tay Phu Van Social Housing Construction Investment Project, Phu Van ward.
According to the decision, Hai Pha Vietnam Co., Ltd. is assigned to be the project investor. The enterprise is headquartered in Chau Son Industrial Park, Chau Son ward, Ninh Binh province. The total investment of the project is more than 329 billion VND.
The project has a population scale of about 644 people, built on an area of more than 1.24ha. Of which, the construction land area is about 6,009m2, the green area is about 2,533m2 and the area of traffic, parking lots, and internal roads is about 3,864m2.
According to the investment plan, the project will build 3 blocks of 5-story social housing apartments along with synchronous technical infrastructure, landscape and auxiliary works.
It is expected that the project will provide about 500 social housing apartments, of which about 50% of the apartments are for rent and 50% of the apartments are for sale, creating conditions to diversify housing choices for policy beneficiaries.
The project has a term of operation of 50 years from the date the competent authority decides to allocate land. Implementation progress from 2026 to 2027.
The Provincial People's Committee assigned the Department of Construction to preside over and coordinate with relevant departments, branches and localities to guide and supervise the project implementation to ensure compliance with planning, progress and legal regulations. At the same time, the investor is responsible for fully implementing procedures on investment, land, construction, environment, fire prevention and fighting and project information disclosure according to regulations.
