(BNP) - The Provincial People's Committee issued Decision No. 979/QD-UBND approving the investment policy and simultaneously approving the investor to implement the Gia Binh International Airport Urban Area 1 Project. The investor is Thai Bao Infrastructure and Real Estate Development Joint Stock Company.
The project will be implemented in Gia Binh, Dai Lai, and Dong Cuu communes with a land use scale of approximately 200.8 hectares and a total estimated investment capital of VND 39,514.9 billion.
The project is divided into two investment phases, including phase 1 with a scale of approximately 106.8 hectares and phase 2 with a scale of approximately 94 hectares. Upon completion, the urban area will meet the housing needs of approximately 35,637 people.
According to the plan, the project will be developed with a comprehensive infrastructure system including land leveling, transportation, electricity supply, water supply, drainage, public lighting, telecommunications, green spaces, water bodies, parking lots, wastewater treatment plants, and other technical infrastructure items.
In addition, the project will develop diverse types of real estate and public works such as low-rise housing, high-rise housing, mixed-use housing, commercial and service facilities, education, healthcare, culture, sports, parking lots, and other integrated social infrastructure.
Notably, the project will include a complete education system from preschool to high school; a hospital combined with a nursing home with a capacity of 300-500 beds, basic health centers, a commercial center, a cultural center, a sports complex, and many other community service facilities, contributing to the formation of a modern urban area with full amenities.
According to the approved schedule, the project has an operating period of 50 years from the date of investor approval.
