Dong Nai reclaims land from nearly 1,700 households in Hiep Hoa urban area project

According to the plan, Hiep Hoa urban area project will be deployed on an area of ​​more than 290 hectares with nearly 3,100 plots of land.

The People's Committee of Bien Hoa City ( Dong Nai ) has just decided to approve the land recovery plan of the Bien Hoa City Land Fund Development Center to implement the Hiep Hoa urban area project, in Hiep Hoa ward, Bien Hoa city.

Panoramic view of the island where Hiep Hoa urban area will be developed.

According to the plan, the land area to be recovered for the project is more than 290 hectares and does not include the area of ​​more than 15,600 square meters of land for technical infrastructure construction, which are three roads surrounding the Commercial Center project in Hiep Hoa ward. In the recovered land area of ​​more than 290 hectares, there are nearly 3,100 plots of land under the use rights of nearly 1,700 households and individuals.

The total estimated time for compensation, support, resettlement, and land acquisition of the project is according to the investment policy decision and not more than 36 months from the date of issuance of the decision approving the investor.

Hiep Hoa urban area project has an area of ​​293 hectares, with a total investment of more than 72,200 billion VND. Of which, the joint venture of investors contributes more than 10,800 billion VND, the remaining more than 61,400 billion VND is mobilized. The project is invested with the goal of building a new urban area, service complex, low density, spacious, modern, in harmony with the natural landscape. At the same time, aiming at sustainable tourism development, combining the diversification of housing types, commercial service centers serving tourism, public services...

The project is divided into 6 phases, implemented within 12 years from the date of investment policy approval (2023-2035). The project's operation period is 50 years according to the Investment Law.

Previously, the People's Committee of Dong Nai province approved a consortium of 5 investors including: Lan Anh - Phu Quoc Company Limited; Sun Group Joint Stock Company; Ha Long Sun Company Limited; Sun Real Estate Group Joint Stock Company and Phu Quoc Beautiful Sea Investment Company Limited as investors of this project.

Recently, the investor consortium has proposed to amend and supplement the investor approval for the Hiep Hoa Urban Area project. In particular, it proposed to amend and supplement Dong Nai Sun Investment and Development Company Limited to the investor consortium implementing the project.

Source: https://www.baogiaothong.vn/dong-nai-thu-hoi-dat-gan-1700-ho-dan-trong-du-an-khu-do-thi-hiep-hoa-192241205163021169.htm