Hano-vid proves its worth with a VND 500 billion project in Thai Binh

DNHN - Hano-vid Real Estate Joint Stock Company has asserted its high potential and pledged to create a mark in the Thai Binh rice region after winning the auction for a residential project worth more than VND 500 billion in Kien Xuong, Thai Binh.

Bidding is open to locate investors.

Thanh Ne town is the political, economic, cultural, and social heart of the Kien Xuong district, according to the Thai Binh Institute of Construction Planning. Thanh Ne town is located not far from Thai Binh City, roughly 12km away, and has been considerably impacted by Thai Binh City's urban growth appeal. Since then, it has been mandated that the building of new urban areas fulfil urban quality standards and improve urban utilities to support the town's internal growth.

As a result, the Thai Binh Provincial People's Committee has authorized the detailed planning of 1/500 scale home construction projects in Thanh Ne, Kien Xuong, and Thai Binh towns (zone B). The project is planned to have a land size of 98,235 m2 and a total cost of 517,841 billion VND and will be created in tandem with technical infrastructure, social infrastructure, cultural works, amusement parks and leisure zones, and a green park. Investors who will carry out the project will be chosen through open bidding around the country.

To locate a suitable investor to undertake the project, the People's Committee of Thai Binh province invites public bids from December 14, 2018, to January 13, 2019, on the Ministry of Planning and Investment's Portal at https://muasamcong.mpi.gov.vn/. Businesses no longer need to purchase bidding documents from the Department of Planning and Investment and submit them locally, as was previously required, but may instead readily register for bids through the Ministry of Planning and Investment's webpage.

The Thai Binh Provincial People's Committee chose two eligible investors during the prequalification phase, namely the Hano-vid Real Estate Development Investment Joint Stock Company. On August 18, 2022, Hano-vid officially became an investor to deploy the Quang Trung urban area project, overcoming several well-known real estate firms due to its strong ability and expertise in completing numerous excellent projects.

Thai Binh province expects Quang Trung urban area, with the capacity and experience of Hano-vid investors, to soon form a city to contribute to the development of Kien Xuong district in particular and Thai Binh province in general, and has committed to handing over the premises to investors for project implementation in the first quarter of 2023.

"The winning bid for a residential project worth more than VND 500 billion in Thai Binh confirms Hano-capacity vid's and status," a Hano-vid representative stated. Hano-vid firmly proposes a model urban area for Thanh Ne town, Kien Xuong district, Thai Binh, based on successful projects in several provinces. This urban area will aid in rural urbanization by improving urban facilities in Thanh Ne town, allowing it to keep up with the overall development rate of Thai Binh province.

A string of significant projects around the country confirms its status.

Hano-vid Real Estate Joint Stock Company is a well-known brand among real estate investors, having invested in many major and minor projects around the country. Hano-vid created a stir when it successfully constructed the TNR GoldSilk Complex project in Ha Dong district, Hanoi, with its management and development partner, TNR Holdings Vietnam.

Following the success of its initiatives in Hanoi, Hano-vid is currently establishing new projects in smaller cities and provinces, therefore contributing to the local economy. TNR Holdings Vietnam has several cooperative projects that have contributed to the improvement of rural regions in provinces such as TNR Star Luc Yen, Yen Bai province; TNR Star Center Cao Bang; and TNR Grand Palace Son La, Son La City.

In 2021, Hano-vid Company will be the investor in Long My 2 town, Hau Giang province (VND 265.8 billion); Long Van 2 urban area, Binh Dinh province (2,457 billion VND); and Kep town, Lang Giang district, Bac Giang province (VND 265.8 billion) (483.77 billion VND)...

Hano-vid has already invested in residential projects in Bac Can, Quang Ninh, Ha Tinh, Dak Nong, Long An, Phu Yen, Binh Dinh, Bac Lieu, and others.

Minh Viet