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On October 9, 2023, the People's Committee of Hai Phong city issued Decision No. 3147/QD-UBND on deciding to approve the investment policy of the […]

On October 9/October/2023, the People's Committee of Hai Phong city issued Decision No. 3147/QD-UBND onqthe decision to approve the investment policy of the Minh Tan new rural residential area construction project in Minh Tan commune, Kien Thuy district, Hai Phong city with some main contents as follows:
1. Project goals:
Building commercial housing areas for sale with complete technical and social infrastructure systems, contributing to creating capital for local socio-economic development, solving housing needs in Kien Thuy district.
Building a modern residential area with synchronous technical and social infrastructure systems with full utility services to create a beautiful landscape, creating a unique aesthetic face for Minh Tan commune, contributing to completing the construction planning of a new rural residential area in Minh Tan commune according to the 1/500 scale detailed planning project approved by the People's Committee of Kien Thuy district in Decision No. 3251/QD-UBND dated August 18, 2023; Increasing the housing fund, contributing to promoting the City's socio-economic growth, increasing revenue for the local budget through taxes and fees.
2. Project scale:
Area of land, water surface, and premises expected to be used: 118,332.72m2.
Products and services provided: Commercial housing for sale (low-rise housing), social housing for sale and rent (apartment housing); preschool; commercial and service business area; Parking lots, trees, public water surfaces; technical infrastructure works, synchronous roads.
Estimated architectural scale of construction:
– Leveling the ground, building a synchronous technical infrastructure system on the entire land, including water supply and drainage system, power supply system, lighting system, communication system, roads and green parks and specialized trees.
– Construction of housing on an area of 37,049.65m2.
– Construction of a service and commercial area with a total land use area of 2,786.0m2; Total construction floor area is about 11,144.0m2; Maximum building height is 05 floors; Maximum construction density 80%; Land use coefficient 4.0.
– Construction of a kindergarten with a total land area of 1,002.23m2; Total construction floor area is about 1,202.68m2; Maximum building height is 03 floors; Maximum construction density 40%; Land use coefficient 1.2.
Preliminary structure of housing products and land fund reservation for social housing development:
– Housing product structure: About 438 apartments, of which, about 269 townhouses, 50 villas and 119 social housing apartments (apartment form).
– Reserving land fund for social housing development: The project has reserved a residential land fund with an area of 7,411.03 m2 to build social housing according to the scale mentioned above.
Preliminary urban infrastructure management plan inside and outside the project scope:
After the investor completes ground leveling and complete construction of a synchronous technical infrastructure system on the project land, plants trees and roads; Connect to systems: water supply and drainage, electricity supply, lighting, communications, and roads outside the Project scope; completed and accepted for use; The investor is responsible for handing over to the competent state agency for management and operation according to regulations, except for the water supply and electricity supply systems of the Project.
Estimated population size is about: 1,750 people.
Project location is in an urban area; not within the scope of protection of relics recognized by competent authorities as national relics or special national relics; not within the scope of cultural heritage protection. Within the scope of the Project there is no cultural heritage, no public property.
3. Investment capital of the project: 1,020,013,000,000 (One thousand twenty billion, thirteen million) VND.
4. Operational term of the project: 50 years, from the date of issuance of the Decision recognizing the winning results of land use rights auction to implement the Project.
5. Project implementation location: Minh Tan commune, Kien Thuy district, Hai Phong city.
6. Project implementation progress:
– Progress of capital contribution and mobilization of capital sources: According to the construction progress of works under the Project.
– Progress of basic construction and putting the project into operation: 05 years from the date the City People's Committee issued the Decision recognizing the winning results of land use rights auction to implement the Project.
7. Investment incentives, support and conditions of application:The project is not eligible for investment incentives according to the provisions of the 2020 Investment Law and Decree No. 31/2021/ND-CP dated March 26, 2021 of the Government detailing and guiding the implementation of a number of articles of the Investment Law.