Hai Duong Provincial People's Committee has just issued Decision No. 677/QD-UBND on approving the investment policy of the Dong Co Dien Residential Area Construction Investment Project, Sao Do Ward, Chi Linh City.

The project has a scale of constructing technical infrastructure works on an area of ​​30,648.6 m2, minus the area invested in building roads, sidewalks, rainwater drainage, lighting, trees, etc. of Tran Binh Trong Street and Nguyen Thai Hoc Street, which is 656.7 m2. Specifically, the project will build 39 houses (rough construction and exterior finishing), including: 24 townhouses and 15 villas.

The total investment of the project is over 136 billion VND, including: the cost of constructing technical infrastructure is over 28 billion VND; the cost of constructing housing (rough construction) is over 89 billion VND; the cost of compensation and site clearance is over 18 billion VND.

Detailed planning of Dong Co Dien residential area construction investment project.

According to the decision, the completion of investment preparation work; compensation, site clearance and land handover to the selected investor must be within 12 months from the date of the decision approving the results of investor selection (or the decision approving the Investor to implement the project).

For investment in construction of technical infrastructure works, housing works (rough construction and exterior finishing of 39 houses) of the project to be completed within 12 months from the date of land handover.

The project's operating period is 05 years, from the date of the decision approving the results of selecting the Investor or the decision approving the Investor to implement the project.

The People's Committee of Hai Duong province requested the Department of Planning and Investment to conduct a preliminary assessment of the capacity and experience of investors interested in registering to implement the project and report to the Provincial People's Committee according to regulations. At the same time, guide and supervise the People's Committee of Chi Linh city and related units in the process of organizing the selection of investors; guide the selected investors to implement the project to comply with the provisions of law on investment, land, construction, environment, etc. during the project implementation process.

As for the People's Committee of Chi Linh City, it carries out procedures to organize the selection of investors to implement the project; organizes the implementation of procedures for compensation, site clearance, land recovery and handover to investors to implement the project according to regulations. Along with that, it manages and supervises investors during the process of construction, acceptance, handover and putting into use the project's infrastructure works according to regulations.