AH Group Corporation requests extension of implementation time for residential area project north of Huong River

AH Group Joint Stock Company has just requested the Provincial People's Committee and relevant agencies to consider adjusting the implementation time of the investment project to build a residential area north of the Huong River in Tan Viet Commune (Thanh Ha). Accordingly, the enterprise requested to extend the time to complete the investment and construction of all project items before September 8, 2024.

The reason is that the project implementation process, compensation and site clearance support process is prolonged, greatly affecting the construction progress of the project items. The site was handed over in many stages, so the construction was "stuck" and interrupted. Along with that, during the project implementation process, the Covid-19 epidemic affected the infrastructure implementation plan of the enterprise, making it impossible to mobilize machinery and workers to focus on construction during the period of social distancing. After the epidemic was controlled, the enterprise encountered difficulties due to lack of workers, scarcity of raw materials, high input costs, etc.

The residential area project north of Huong River, Tan Viet Commune (Thanh Ha) is nearly 9.8 hectares wide, invested by AH Group Joint Stock Company. According to the contract signed between AH Group Joint Stock Company and Thanh Ha District People's Committee, the project implementation period is 36 months, starting from September 8, 2020.