The People's Committee of Bac Ninh province has just issued an official dispatch on considering the proposal of the Industrial and Commercial Bank Trade Union Investment Joint Stock Company.
Official dispatch sent to the Departments: Natural Resources and Environment, Finance; Provincial Tax Department and Industrial and Commercial Bank Trade Union Investment Joint Stock Company.
Accordingly, considering the proposal of the Trade Union of Industry and Trade Banking Investment Joint Stock Company in the document dated February 17, 2025 on removing obstacles in procedures for granting land use right certificates for the Hong Hac - Xuan Lam Ecological Urban Area project, Thuan Thanh town.
The Chairman of the People's Committee of Bac Ninh province assigned the Department of Natural Resources and Environment to preside over and coordinate with relevant agencies and units to review the proposal of the Trade Union Investment Bank Joint Stock Company in the above document; remove difficulties, guide the Trade Union Investment Bank Joint Stock Company to carry out procedures for granting Land Use Rights Certificates; advise and propose contents under the authority of the Provincial People's Committee and the Chairman of the Provincial People's Committee according to regulations.
Previously, the Investment Joint Stock Company of the Trade Union of Industrial and Commercial Bankes (owned by Phu My Hung) was approved by the People's Committee of Bac Ninh province for investment in the Hong Hac - Xuan Lam Ecological Urban Area at the conference to announce the planning and investment promotion held in September 2024.
Hong Hac - Xuan Lam ecological urban area was approved for investment by Bac Ninh province in December 2010. According to the plan, the project has a scale of nearly 200 hectares in Thuan Thanh town, with a total capital of VND27,000 billion (nearly 1.1 billion USD).
According to the detailed planning adjustment project, the population of the project is nearly 28,000 people. This urban area has a highlight of a mixed-use building and a commercial center with a maximum height of 25 floors in the North and the center of the project.
Phu My Hung is the investor of the urban area of the same name located along Nguyen Van Linh Avenue, District 7, Ho Chi Minh City - a model urban area with 5 urban clusters. In addition to Bac Ninh, Phu My Hung has recently researched investment and development of projects in Hoa Binh and Thai Nguyen.
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.
Currently, Bac Ninh province is also calling for investment in a series of urban areas in Bac Ninh city, Tu Son, Tien Du district with a total estimated capital of more than 105,000 billion VND.
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.
This project is being consulted by the Ministry of Transport with ministries and branches to add to the planning of the domestic international airport network.
Hanoi City has also agreed on the plan to build a nearly 50 km, 120 m wide road connecting Gia Binh airport with the center of the capital.
Bac Ninh province aims to become a centrally-governed city by the end of 2026.
