The People's Committee of Bac Ninh province has just issued a decision on approving the investment policy and assigning the investor of the Social Housing Project in Area No. 1 in the Northern Urban Area of Dong Son commune, Bac Giang city (now Tien Phong ward, Bac Ninh province).
Accordingly, the investor is Song Da - Viet Duc Investment Joint Stock Company. Address: K2 Floor, A Viet Duc Complex Alley 164 Khuat Duy Tien, Nhan Chinh Ward, Thanh Xuan District, Hanoi City.
The project provides about 800 social housing apartments for living, about 5,550m2 of floor space for business services and trade.
The project has a total capital of about 974,223,208,000 VND. In which, equity: VND 194,844,641,600, loan capital, other legal capital: VND 779,378,566,400.
The project's operation period: 50 years from the date the competent authority decides to allocate land and lease land (term of land allocation and lease land according to the provisions of the law on land). Project implementation progress: 24 months from the date of investor handover.
In the investment project to build at least 1 million social housing apartments for low-income people and industrial park workers in the 2021-2030 period of the Prime Minister, Bac Ninh province was assigned the target of building 147,100 apartments, accounting for over 14% of the total target nationwide.
To date, there are 77 social housing projects being implemented in Bac Ninh province with a total area of about 280 hectares, expected to provide about 114,400 apartments when completed.
From the beginning of 2025 to now, Bac Ninh province has completed 12,649 more apartments, reaching about 80% of the 2025 plan.
