(BNP) – Vice Chairman of the Provincial People’s Committee Dao Quang Khai has signed Decision No. 616/QD-UBND approving the investment policy and simultaneously assigning the investor to implement the Social Housing Development Project in Gia Binh commune, Bac Ninh province.
Illustrative photo.
Accordingly, the Social Housing Development Project in Gia Binh commune is invested by GVIET Architecture Joint Stock Company, and will be implemented on a land area of approximately 3.38 hectares. The project includes three 12-storey social housing blocks (with one basement and 12 above-ground floors), providing a total of about 1,023 apartments to accommodate approximately 2,170 residents.
In addition, there will be low-rise housing constructed on three land plots with a total area of 3,680 square meters, comprising 38 terraced houses in accordance with the approved detailed planning, with a maximum height of seven storeys. The project will also feature synchronized technical infrastructure, green spaces, playgrounds, parking areas, and public facilities to meet residents’ living needs.
The total estimated investment is nearly VND 1.1 trillion, of which the investor’s equity accounts for about 20.05%, with the remainder mobilized from other sources. The project has an operational term of 50 years, with an implementation timeline of 48 months from the date of investment policy approval.
The project aims to realize the Government’s goal of developing at least one million social housing units in the 2021–2030 period, while contributing to increasing housing supply for low-income people and industrial park workers in the province./.
