Revealing the consortium of investors of the urban area of ​​nearly 5,000 billion in Thanh Hoa

The New Urban Area Project No. 01, Rung Thong Town, Dong Son District, Thanh Hoa Province has just been approved by the Provincial People's Committee for a consortium of investors to implement with a total investment of more than 4,939 billion VND.

Revealing the consortium of investors of the urban area of ​​over 4,900 billion VND in Thanh Hoa

The New Urban Area Project No. 01, Rung Thong Town, Dong Son District, Thanh Hoa Province has just been approved by the Provincial People's Committee for a consortium of investors to implement with a total investment of more than 4,939 billion VND.

Thanh Hoa Provincial People's Committee approved the consortium of 3 investors including: Landmark Real Estate Investment and Construction Joint Stock Company, Ben Thanh Tourism Investment and Development Joint Stock Company, Vietnam Agrico Investment and Construction Joint Stock Company to implement the New Urban Area Project No. 01, Rung Thong Town, Dong Son District, Thanh Hoa Province, which has been approved in principle for investment in Decision No. 2123/QD-UBND dated May 26, 2024 of Thanh Hoa Provincial People's Committee.

Thanh Hoa Provincial People's Committee approved the joint venture of investors for the New Urban Area Project No. 01, Rung Thong town, Dong Son district. (Illustration photo)

New Urban Area Project No. 01 has a preliminary investment capital of more than 4,939 billion VND, of which the investor's contributed capital is 744 billion VND and mobilized capital is more than 4,195 billion VND.

New urban area 01 has a total area of ​​nearly 50 hectares, the land fund for social housing development accounts for 3.2 hectares. The project will provide more than 230 commercial houses, villas, and semi-detached houses; nearly 2,400 social housing apartments and nearly 700 low-rise housing subdivision products.

The progress of basic construction and putting the project into operation or exploitation is not more than 5 years. Of which, completing the work of compensation, site clearance and handing over land to investors to implement the project; completing the work of preparing for investment and construction of the project is 18 months from the date of approval of the results of investor selection or investor approval. Completing investment and construction of the project is from the 19th month to the 54th month. From the 55th month to the 60th month, completing the project, putting it into use, handing over technical infrastructure works, social infrastructure and finalizing the project according to regulations.

The project's operating period is 50 years, calculated from the date the investor is decided to allocate land, decide to lease land, and decide to change land use purpose .

Source: https://baodautu.vn/batdongsan/lo-dien-lien-danh-nha-dau-tu-khu-do-thi-hon-4900-ty-dong-tai-thanh-hoa-d232700.html