Bac Tu Son - Bac Ninh social housing project adjusts investment policy

Vân Trường |

Bac Ninh - The Provincial People's Committee has just issued a decision approving the adjustment of the investment policy for the low-income housing project in Bac Tu Son residential area.

According to the decision, the time to complete acceptance and put the project into use for the 2 apartment buildings of the project (CT1, CT2 buildings) is adjusted to: until the end of January 2026.

The time to complete procedures for adjusting the project, investing in construction and completing acceptance for putting the project into use for 2 mixed-use commercial housing blocks (10 units) 5 stories high and 1 attic is adjusted to: until the end of December 2026.

Regarding implementation organization, the decision also clearly states the responsibilities of each unit including Departments: Construction, Finance, Agriculture and Environment, People's Committees of wards: Dong Nguyen, Tu Son and the investor is Green Environment Co., Ltd.

In which, emphasizing that the project investor must implement the process and order of buying and selling social housing at the project to ensure compliance with housing laws; be responsible for periodically reporting the project implementation situation quarterly and annually to the Department of Construction and relevant agencies according to regulations.

The apartment building for low-income people in Bac Tu Son housing area is commercially named the Green Environment social housing project.

In 2022, Lao Dong Newspaper had a series of articles reflecting signs of selling at approval price differences of hundreds of millions of VND, not targeting the right people at this social housing project.

After that, according to the direction of the Ministry of Construction and the Bac Ninh Provincial People's Committee on clarifying the content reflected by Lao Dong Newspaper, the Bac Ninh Provincial Department of Construction intervened to inspect and discovered many violations at this project.

Thereby, the project investor was fined 170 million VND, and 54 social housing apartments were recovered and sold to wrong subjects.

It is known that this is the social housing project with the largest number of recovered apartments in Bac Ninh province currently.

Vân Trường
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