Taseco Land wins bid for major project in Bac Ninh

On May 26, the People's Committee of Bac Ninh province issued Decision No. 895/QD-UBND approving the results of the selection of investors to implement the New Urban Area Construction Investment Project in Tu Son City. The winning bidder is a consortium of Taseco Real Estate Investment Joint Stock Company (TasecoLand) and HNG Holdings Joint Stock Company.

According to the decision of the People's Committee of Bac Ninh province, the urban area that the TasecoLand consortium has just won the bid for has an area of about 30.47 hectares, with a total estimated investment of more than 2,500 billion VND. The expected population is about 7,300 people, located in Huong Mac ward, Phu Khe ward, Tu Son city. This is a project with synchronous investment in technical infrastructure along with low-rise housing projects, mixed housing, social housing, schools, medical facilities, etc. The project will be implemented within 6 years from the date of selecting the investor.

This project is located between 3 traditional and long-standing woodworking villages in Tu Son City. The project is about 12km from the new Tu Lien Bridge that Hanoi started construction on, convenient for transportation when moving to the center of Hanoi.

In recent years, TasecoLand has made its mark on the real estate market with a series of large projects implemented in Hanoi, Quang Ninh, Ha Nam, Thai Nguyen, Thanh Hoa, Da Nang... and is considered one of the prestigious investors in the market.

In addition to the newly approved project in Bac Ninh, recently, TasecoLand said it has continued to expand its land fund to promote real estate development by winning auctions and bidding for many projects with prime locations in Me Linh, Long Bien (Hanoi), Thai Nguyen, Ha Nam, and Quang Binh.

Bac Ninh is welcoming a large wave of investment, especially foreign direct investment (FDI). The province has attracted a significant amount of FDI, putting Bac Ninh in the top position in the country in attracting FDI in the first months of 2025.

Bac Ninh is chosen by many investors (Photo: shutterstock). 

In the real estate sector, in recent months, Bac Ninh has been the destination of a series of large investors such as Vingroup, SunGroup, Phu My Hung ...

In addition, a series of transport infrastructure projects have been promoted for investment, such as the Ring Road 4 of the Capital Region, Gia Binh International Airport, the road connecting Gia Binh Airport with Hanoi Capital, 35km long, 120m wide, with a total estimated investment of 71,150 billion VND, which has also been proposed by Hanoi City for implementation... along with the merger of Bac Ninh and Bac Giang provinces, which will be a new economic development driving force to help the province become the economic development locomotive of the whole country.

Source:  https://dantri.com.vn/