Commencement of the Social Housing Project of Tan Phu Hung Urban Area Extension (Hai Duong City)

On the morning of March 29, Newland Investment Joint Stock Company held a groundbreaking ceremony for the Social Housing Construction Investment Project in the Tan Phu Hung expanded residential and urban area (Hai Duong City).

Comrades: Le Van Hieu, Standing Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council, Head of the Provincial National Assembly Delegation; Le Ngoc Chau, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; many leaders and former leaders of the province attended.

Speaking at the ceremony, on behalf of the leaders of Hai Duong province, Chairman of the Provincial People's Committee Le Ngoc Chau acknowledged and highly appreciated the sense of responsibility and efforts of the investor, departments, branches and Hai Duong City People's Committee for closely coordinating, actively and promptly completing the procedures for the project to be implemented.

In order for the project to be implemented with quality, progress and absolute safety, Chairman of the Provincial People's Committee Le Ngoc Chau requested that the investor, Newland Investment Joint Stock Company, mobilize maximum resources, closely coordinate with contractors to organize the implementation throughout the construction process, handing over the first phase by December 2026 at the latest so that by Lunar New Year 2027, people can celebrate Tet in their new homes and by the second quarter of 2027, the entire project will be handed over.

The Departments of Finance, Construction, Agriculture and Environment, and Hai Duong City People's Committee continue to provide active guidance and support, and regularly urge and supervise investors and contractors during the implementation process; promptly remove difficulties and problems that arise, so that the project can be implemented on schedule, with quality and in accordance with regulations.

Hai Duong Newspaper, Provincial Radio and Television Station promote information and propaganda work on social housing policies, helping people, especially those with real housing needs, promptly grasp and fully access information on State support mechanisms and policies and project implementation progress, to proactively register to buy or rent, ensuring the correct procedures and beneficiaries according to regulations.

After the project is completed, identifying and selecting the right subjects to buy and rent houses is a decisive factor for the effectiveness of implementing social housing policies. Therefore, the Department of Construction is required to preside over and coordinate with relevant agencies and units to organize inspections and closely monitor the process of receiving and approving people's registration dossiers; ensuring publicity, transparency, correct procedures, correct subjects and compliance with legal regulations.

According to Mr. Nguyen Cong Ha, Chairman of the Board of Directors of Newland Investment Joint Stock Company, the project is being implemented to realize the Government's Project to build 1 million social housing apartments by 2030, the Project to develop social housing in Hai Duong province in the period of 2023 - 2030. Thereby, it aims to solve the social housing needs of people in Hai Duong province, meet the housing needs of low-income people, industrial park workers, employees at enterprises... at the same time improve living conditions, ensure social security, contribute to the socio-economic development of Hai Duong.

In order to best support customers who need to borrow capital to buy social housing at the project, Newland Investment Joint Stock Company has signed a cooperation contract on lending to support the purchase of social housing with a number of banking partners such as Military Commercial Joint Stock Bank (MB) West Hanoi branch, Vietnam Joint Stock Commercial Bank for Investment and Development (BIDV) Hai Duong branch, and Vietnam Bank for Social Policies Hai Duong branch.

The Social Housing Project in Tan Phu Hung Expanded Residential and Urban Area was approved for investment by the People's Committee of Hai Duong province in Decision No. 289/QD - UBND dated February 7, 2025. The project has a total investment of VND 1,362.9 billion, using 3.1 hectares of land, including 5 blocks of 15-storey buildings, with a total floor area of ​​about 121,875 m², with 1,479 apartments. In addition, the project also integrates auxiliary works such as parking lots, playgrounds, green parks and synchronous technical infrastructure systems.

The project will be completed and fully operational in the second quarter of 2027, providing accommodation for approximately 2,953 people.