Bac Ninh Provincial People's Committee has just issued a decision approving the investment policy for the project "Investment in building a sports area in Van Mon commune, Bac Ninh province".
The goal of the project is to complete the material facilities, ensure conditions for physical training and sports for people in the area, create conditions to improve the quality of physical education, serve the strategy of athlete development in the locality; is a place to organize cultural exchanges, traditional festivals, organize sports festivals, mass performances to serve annual local celebrations, contributing to promoting economic, cultural, social, security and defense development for Bac Ninh province.
The total land area for the project is approximately 96,322.96 m2.
The construction scale of the project includes a sports stadium with a capacity of about 12,000 people. In addition, there are operating and service houses, roofed parking garages, security houses, outdoor parking lots, infrastructure works, utilities, and green landscapes.
Project investors will be allowed to lease and trade in products including: sports fields, event venues; refreshment and fast food services; kiosks and product introduction; parking lots; business from training/tourism/training.
The total investment capital of the project is more than 286 billion VND. Of which, owner's equity is more than 57 billion VND, loans, and other legally mobilized capital are more than 229 billion VND.
Project operating period: 50 years from the date of approval of the investor to implement the project.
Progress of completing land procedures, site clearance, and land lease to investors: 12 months from the date of investor approval. Project implementation progress: Complete investment and construction of all project items and put the project into operation within 24 months from the date of land lease to investors.
Bac Ninh Provincial People's Committee assigned Bac Ninh Provincial Civil and Urban Development Project Management Board No. 2 to disclose project information; prepare inquiry documents and bidding documents to organize investor selection according to regulations.
The Departments: Finance; Construction; Department of Agriculture and Environment; Van Mon Commune People's Committee are assigned to organize the implementation of the next tasks to select investors and implement the project in accordance with the law.