On the morning of October 2, the People's Committee of Hai Duong province discussed and agreed to propose adjusting the total investment of the Ta Quang Buu apartment project in Hai Duong city.
At the meeting, Chairman of the Provincial People's Committee Le Ngoc Chau concluded and agreed with the content of the report on adjusting the project policy of Ta Quang Buu apartment complex. He requested the Department of Planning and Investment to review the total investment based on the construction investment rate according to new regulations, and coordinate with the Provincial People's Committee Office to complete the report of the Provincial People's Committee Party Committee to report to the Provincial Party Committee Standing Committee.
The Ta Quang Buu apartment building construction project in Binh Han ward (Hai Duong city) is a group B investment project invested by the Provincial Construction Investment Project Management Board. The project has a total initial investment of VND 292.3 billion from the provincial budget in the medium-term public investment plan for the period 2021-2025. The total project implementation area is more than 4,831 m2. Including 2 social housing buildings (CT 1, CT 2) 18 floors high/building, a total of 390 social housing apartments with an area of 45-60m2/apartment, the total construction floor area is about 34,127 m2. The project implementation period is from 2023-2025.
The Ta Quang Buu apartment complex project is a high-rise social housing project to serve the relocation of households eligible for social housing policies according to regulations who are currently living in old, degraded apartment buildings that do not ensure construction quality and safety in Hai Duong City (Binh Minh apartment complex, May Bom apartment complex, May Su apartment complex, etc.). In case there are remaining apartments after being arranged for the above households, the Hai Duong City People's Committee will report to the competent authority to arrange for other subjects eligible for social housing policies according to regulations.
At the meeting of the Provincial People's Committee on the morning of October 2, the Department of Planning and Investment reported on the project adjustment. Accordingly, the total investment of the project was adjusted to VND 329.5 billion (an increase of VND 37.2 billion). The implementation period is from 2024 to 2026. The proposed investment capital source is adjusted to the provincial budget in the medium-term public investment plan for the period 2021-2025 and the period 2026-2030. The reason for the adjustment was reported by the Department of Planning and Investment due to the price of materials and equipment at the time of preparing the construction drawing design and construction estimate increasing compared to the time of preparing and approving the project investment policy, and the change in the unit price of construction labor in the province causing costs to arise, exceeding the total approved investment.
According to Working Regulation No. 10-QC/TU dated December 15, 2022 of the Provincial Party Committee, projects of 300 billion VND or more are required to report to the Provincial Party Committee Standing Committee for comments on investment policies.
The meeting of the Hai Duong Provincial People's Committee on October 2 also considered a number of contents: investment in construction, renovation and upgrading of the pumping station system managed by the district-level People's Committees in Hai Duong province; promulgation of regulations on the price range for social housing rental, the price range for workers' accommodation in industrial parks and the price range for apartment building management and operation services in Hai Duong province; plan to organize the establishment of the Hai Duong City Urban Development Program until 2040; Project to adjust the planning of Ninh Giang district until 2030, with a vision to 2050; on adjusting the project list to carry out site clearance for the construction of the Golden Canal Bridge and the approach roads at both ends of the bridge, connecting Bac Ninh and Hai Duong provinces; the development of a Resolution promulgating regulations on the authority to decide on investment and procurement of information technology application activities using regular expenditures from the state budget under the management of Hai Duong province.