Thanh Hoa appoints an investor of an urban area project of VND 1,158 billion

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Thanh Hoa Land Fund Development Center (The tenderer) has just said that in the third quarter of 2020, it will appoint contractors to implement the new urban area project under Project No. 4 and the new urban area. Thanh Hoa.

This is an investment project using land with a total estimated implementation cost of VND 1,158 billion; Contract performance period must not exceed 5 years. The method of selecting investors is 1 stage 1 bag of documents. The project will be implemented in Dong Hai Ward, Thanh Hoa City with a total area of 156,687 m2, of which the residential area is 72,222 m2, the area of public service land is 17,795 m2, the area of green trees and water surface is 8,641 m2, transportation land area is 37,028 m2, the rest is collector road land.

The goal of the project is to build a new residential area in synchronization with the infrastructure; create a land fund for commercial residential land and villas for the region, and create a source of revenue for the budget from the exploitation of the land fund.