Vice Chairman Vu Viet Van Reviews Urban and Housing Development Projects

On the afternoon of March 23, Mr. Vu Viet Van — Member of the Standing Committee of the Provincial Party Committee and Vice Chairman of the Provincial People’s Committee — chaired a conference to hear reports from the Department of Construction and the Department of Finance regarding several urban and housing development projects within the province.

Vice Chairman of the Provincial People’s Committee Vu Viet Van chairing the conference.

The Department of Construction presented the appraisal results for the investment policy approval and the selection of investors for the Au Lac High-rise Independent Social Housing Project in Que Trao Area, Viet Tri Ward. Proposed by a joint venture between HD Phu Tho Medical Co., Ltd. and L&C Co., Ltd., the project spans approximately 7,015.8 m2. The scale includes a 15-story apartment building with one basement level, providing around 456 social housing units for over 1,800 residents. With a projected investment of over 633 billion VND, construction is scheduled from the second quarter of 2026 to the fourth quarter of 2027. The project aims to meet the housing needs of policy beneficiaries, civil servants, and workers following the recent administrative merger.

The Department of Finance reported on the investment appraisal for the New Urban Area South of Vinh Phuc Belt Road 2 in Vinh Phuc Ward. Proposed by T&T Investment and Service JSC, the project covers 35.4 hectares with a planned population of over 12,900. The total estimated investment is 6,214 billion VND over a 60-month implementation period. Appraisal agencies noted that the project aligns with national and Red River Delta regional planning. As the site has not yet undergone land clearance, it is eligible for competitive bidding to select an investor. Once completed, the project is expected to drive socio-economic growth, increase budget revenue, and create a modern, civilized urban space.

Vice Chairman Vu Viet Van delivering his concluding remarks.

Concluding the conference, Vice Chairman Vu Viet Van approved the investment policies for the reported projects. For the Au Lac Social Housing Project, as the site is largely cleared and aligns with planning, he directed departments to coordinate closely with the investor to finalize procedures, aiming for a groundbreaking in May 2026.

Regarding the New Urban Area South of Belt Road 2, he requested relevant units to continue working with the investor to unify the project scale and details before submitting the final file for provincial approval. The Vice Chairman emphasized that once investment policies are approved, investors must implement technical infrastructure synchronously according to detailed plans, ensuring seamless connectivity both inside and outside the project areas. He strictly noted that infrastructure must be handed over to state management upon completion. Furthermore, projects must strictly adhere to environmental protection standards—refusing to trade the environment for economic growth—while ensuring harmonized interests and sustainable livelihoods for local residents.

Manh Quan – Cao Tuan