The trillion-dong urban area in Thanh Hoa officially belongs to the Taseco consortium

On November 9, the People's Committee of Thanh Hoa province has just issued a decision approving the results of selecting investors to implement the New Urban Area project under project No. 4 of the central urban area of Thanh Hoa city.

Accordingly, the winning investor is the consortium of Taseco Real Estate Investment JSC - Thang Long Aviation Services JSC - Phu My Real Estate Investment JSC.

This is an investment project using land with a total estimated implementation cost of more than 1,163 billion VND, of which the site clearance cost is 42 billion VND; the contract implementation period is not more than 5 years.

The project will be implemented in Dong Hai ward, Thanh Hoa city with a total area of 15.6 hectares, of which the residential land area is 7.2 hectares. The scale of the project includes: Commercial service works, resettlement areas and social housing areas, etc.

Previously, in June 2020, the People's Committee of Thanh Hoa province issued a decision approving the results of the preliminary selection of investors to implement the above project and only one investor passed the preliminary selection, which was the consortium of Taseco Real Estate Investment Joint Stock Company - Thang Long Aviation Services Joint Stock Company - Phu My Real Estate Investment Joint Stock Company.

By July 2020, the province had a decision approving the plan to select investors to implement the project. Accordingly, the method of selecting investors is appointment, one stage, one dossier. The time to select investors is in the third quarter of 2020.

Regarding the winning consortium, according to research,  Thang Long Aviation Services Joint Stock Company (Taseco)  was established in 2005 with initial charter capital of 5 billion VND, providing non-aviation services at Noi Bai International Airport.

By the end of 2019, Taseco increased its charter capital to VND 1,000 billion, with its headquarters located on the 1st floor, NO2-T1 building, Diplomatic Corps area, Bac Tu Liem district, Hanoi. The current General Director and legal representative is Mr. Nguyen Minh Hai (born in 1976).

Taseco's prominent projects include three projects in the Diplomatic Corps area (Bac Tu Liem, Hanoi), namely Phu My Complex, An Binh Complex and Taseco Complex.

In addition, Taseco also has other projects such as Nam Dinh Textile Urban Area (Nam Dinh), Nam An Khanh project (Hoai Duc, Hanoi), Green Park Mong Cai (Quang Ninh),...

About  Taseco Real Estate Investment Joint Stock Company (Taseco Land) , this is a subsidiary of Taseco, established in July 2009. The General Director and legal representative is Mr. Nguyen Tran Tung (born in 1974).

In 2019, Taseco Land increased its charter capital from VND600 billion to VND1,360 billion. At the same time, this unit established Taseco Invest Joint Stock Company with a charter capital of VND1,000 billion.

In the same year, Taseco Land completed the purchase of 60% of shares of Vietnam Construction and Technology Development JSC - Vinconstec.

Phu  My Real Estate Investment Joint Stock Company (Phu My Land ) is a subsidiary of Taseco Land, established in March 2010. Its main business lines are construction of all kinds of houses, completion of construction works, real estate trading, brokerage, consulting and real estate management.

In December 2019, this enterprise increased its charter capital from 20 billion VND to 80 billion VND. The General Director and legal representative is Mr. Do Viet Thanh (born in 1983).

According to vietnambiz.vn