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On November 17, 2023, the People's Committee of Hai Phong city issued Decision No. 3920/QD-UBND on the decision to approve the investment policy and also approve [...]

On November 17/2023, the People's Committee of Hai Phong city issued Decision No. 3920/QD-UBND on Decision approving the investment policy and approving the investor of the An Dong PG housing project, in An Dong commune, An district. Duong is invested by PG Investment and Construction Joint Stock Company with some main contents as follows:
1. Investor: PG Investment and Construction Joint Stock Company
– Business registration certificate No. 0200430698 issued by the Department of Finance of Hai Phong city for the first time on July 3, 2001, registered for the 11th change on April 22, 2021.
2. Project name: An Dong PG housing project, in An Dong commune, An Duong district
3. Project objective: Invest in the construction of an urban housing area with a system of public works, sports areas, trees, water surface, complete, modern and synchronous technical infrastructure system.
4. Project scale:
– Land use area: 139,421.2 m2. In which:
+ Housing construction area for sale and business: 71,644.20 m2.
+ Public construction area: 4,877.8 m2.
+ Area of land planted with green trees and water surface: 12,084.2 m2.
+ Construction area of technical infrastructure system of residential area: 50,815.0 m2.
– Products and services provided: Townhouses; duplex villas; detached villa; luxury villas; commercial apartments; public works (kindergarten, sports area, office building); green trees, water surface, complete and synchronous technical infrastructure system.
– Architectural construction scale:
Land use area is 139,421.2 m2, of which:
– The area of housing construction for sale and business is 71,644.20 m2.
– The area of public construction land is 4,877.80 m2.
– Technical infrastructure (levelling, roads, communications, water supply, electricity supply, public lighting, rainwater drainage, wastewater, trees, sports, parking lots) is invested synchronously on a scale of 15.54 hectares according to detailed construction planning approved by competent authorities.
– Product outline: Townhouse; duplex villas; detached villa; luxury villas; commercial apartments; public works (kindergarten, sports area, office building); green trees, water surface, complete and synchronous technical infrastructure system.
5. Investment capital of the project: Total investment is 1,408.7 billion VND, of which: (i) Investment cost for technical infrastructure and 440 low-rise houses invested in construction is 280 billion VND; (ii) The investment cost of the apartment complex at Lot C that has not yet been invested in construction is VND 1,128.7 billion.
6. Investment capital structure: The enterprise's equity is 344.7 billion VND; Bank loans and other legal mobilization of VND 1,064 billion.
7. Operational term of the project: 50 years from the date of the first land allocation decision (Decision No. 3553a/QD-UB dated December 24, 2004 of the City People's Committee).
8. Project implementation location: Trang Quan village, An Dong commune, An Duong district, Hai Phong city.
9. Project implementation progress:Completed construction of apartment block C: June 2023 to June 2026.
10. Preliminary plan for construction investment and urban infrastructure management inside and outside the project scope:
– Infrastructure projects transferred to the State include: General transportation projects; common water supply and surface water drainage system; power supply system and public lighting.
– Infrastructure works in urban areas are managed, operated and exploited by the investor according to regulations. State agency with administrative management authority.