What's in the 700 billion VND urban area in the center of the 121 year old town?

Phu Loi urban area project was approved for planning by the People's Committee of Phu Tho province in September 2019 according to Decision No. 2214.

The total area of the project is more than 19 hectares, located in two wards, Hung Vuong and Phong Chau, of Phu Tho town. The total cost of project implementation is more than 740 billion VND (excluding compensation and site clearance costs).

The project's compensation, support and resettlement costs are more than 36 billion VND. Deadline for completion is December 31, 2027.

The expected population of the area is about 2,364 people. Of which: The adjacent housing area (120 households) has about 480 people, the villa area (121 households) has about 484 people and the social housing area (350 households) has about 1,400 people.

As noted by a reporter from Lao Dong Newspaper in the early days of August, the appearance of an urban area with many technical infrastructure has almost been revealed, some details such as sidewalks, trees, and internal roads are nearing completion. complete.

The air conditioning lake is very large.

It can be seen that the project planning area has a beautiful location, adjacent to the main Hung Vuong road (also known as Road 35) and Phu Tho town stadium, far from Phu Tho City Party Committee and Binh Minh square. only about 500m... Surrounded by crowded residential areas of Phu Tho town center.

Tu Lap Construction Company Limited is the unit allocated land by the People's Committee of Phu Tho province to implement this project (2 batches: May 2022 and April 2024). The form is that the State allocates land with collection of land use fees; The term of use is until March 6, 2070. Buyers of houses attached to residential land use rights can use it for a long term.

Tu Lap Construction Company Limited is the unit allocated land by the People's Committee of Phu Tho province to implement this project (allocated 2 times: May 2022 and April 2024). The form is that the State allocates land with collection of land use fees; The term of use is until March 6, 2070. Buyers of houses attached to residential land use rights can use it for a long term.

The goal of the project is to invest in building a new urban area with synchronous technical infrastructure systems, part of social infrastructure and housing; meet people's housing needs; contributing to gradually perfecting the urban's technical and social infrastructure systems.

According to the People's Committee of Phu Tho town, regarding the project progress, up to now the investor has basically organized and completed the first phase of the project. The remaining work, including asphalt paving on internal roads and tree planting, is expected to be completed before August 20, 2024.