The People's Committee of Bac Ninh province has just sent a document to the Ministry of National Defense and the Ministry of Public Security to seek appraisal opinions on the proposal to approve the investment policy of the New Urban Area Project in the Northwest of Bac Ninh city (zone 4).
The province proposed that the two ministries determine whether the project is in an area that needs to ensure national defense and security. This is the basis for determining whether the project is licensed for sale to foreigners or not.
The Northwest New Urban Area Project of Bac Ninh city (zone 4) is located in Hoa Long ward and Vu Ninh ward, Bac Ninh city.
The project scale is about 22 hectares; investment in the construction of works: Low-rise housing, commercial and service works; social infrastructure works...
The total estimated capital is more than VND 2,440 billion, proposed by Viglacera Corporation - JSC. The urban area will operate for 50 years, with a progress of 5 years.
The project is expected to create a modern, ecological and smart new urban area that meets the standards of a type I urban area. Beautiful landscape architecture and an attractive investment environment in a sustainable direction while attracting other projects to this area.
The People's Committee of Bac Ninh province assigned the Department of Finance and the Military Command and the Provincial Police to provide records and documents, and work with the two ministries upon request.
Bac Ninh is one of the industrial capitals in the North, concentrating a series of FDI giants in the fields of technology equipment manufacturing, electronics, and semiconductors.
In recent years, Bac Ninh has also become the destination of a series of large investors in the real estate sector.
Recently, Bac Ninh province has found investors for 7 new urban area projects with a total investment of tens of thousands of billions of VND.
Currently, investors have built detailed progress for each project; established tasks and detailed planning projects 1/500; established compensation councils for site clearance, surveyed, measured and maped the site clearance area.
Transport infrastructure in Bac Ninh is changing strongly. Gia Binh airport in Xuan Lai commune and Gia Binh town, Gia Binh district, Bac Ninh province has just started construction at the end of last year.
The Prime Minister agreed to upgrade the construction of Gia Binh airport to international scale, from level 3C to level 4E.
Hanoi City has also agreed on the plan to build a nearly 50km, 120m wide road connecting Gia Binh airport with the center of the capital.
