Bac Ninh Provincial People's Committee has just issued an official dispatch on explaining and clarifying the participation opinions of members of the Provincial People's Committee.
Official dispatch sent to Departments: Finance, Construction, Agriculture and Environment; People's Committees of communes: Yen Phong, Van Mon.
The official dispatch clearly states that, in the document dated December 23, 2025, the Office of the Bac Ninh Provincial People's Committee has requested opinions from members of the Provincial People's Committee on the decision to adjust the investment policy for the western urban and service area of Cho town, sub-zone A - zone 3 to repay counterpart capital for the DTXD project to renovate and upgrade TL.286 section from Cho town to Do Lo bridge, Yen Phong district (old) in the form of a BT contract.
Accordingly, Mr. Pham Van Thinh - Vice Chairman of Bac Ninh Provincial People's Committee agreed with the report of the Department of Finance and contributed the following opinions:
“There are several factors in the project, specialists of the Provincial People's Committee Office need to discuss carefully with departments and branches:
The BT project was finalized in 2020. And also in 2020, the Bac Ninh Provincial People's Committee allocated land for payment and the investor also self-paid the difference to the State budget.
Currently, the remaining land fund is large compared to the BT project, the State's obligations to the BT project have been fully paid, so it is necessary to consolidate more reasons to continue allocating land funds to investors to implement the BT project".
To have a basis for considering signing a decision approving the adjustment of the investment policy, the Chairman of Bac Ninh Provincial People's Committee requested the Department of Finance to coordinate with relevant agencies to explain and clarify related contents in writing according to the above-mentioned opinions; in which clearly stating the assessment viewpoint on conformity with legal regulations before January 8, 2026.
According to the reporter's investigation, the investment project of the Western urban and service area of Cho town sub-area A in the area of 2 communes Yen Phong and Van Mon (Bac Ninh province) is invested by Hung Ngan Housing and Trading Investment Joint Stock Company.
This project also has the trade name Kim Do Policity with a total investment of 3,569 billion VND.
At the end of 2024, the Bac Ninh Provincial Inspectorate issued an inspection conclusion at the above project.
According to the inspection conclusion, the project is having some violations that need to be handled, such as many limitations in the work: planning; investment; land acquisition, preparation, approval and payment of compensation and support for site clearance; construction; fulfilling financial obligations regarding land, business conditions, business results, and real estate transfer.
