Taseco Land Invests Nearly VND 6.5 Trillion in Two New Township Projects in Bac Ninh

The event was held during the Investment Promotion Conference, where decisions on investment registration certificates, investor selection, and investment registration were granted to several large-scale projects in Bac Ninh province. The conference was honored with the presence of Deputy Prime Minister Nguyen Hoa Binh, representatives of central ministries and sectors, leaders of Bac Ninh province, and numerous businesses.

During the event, the joint venture represented by Taseco Land was awarded the investment registration certificate for two urban projects with a total area of over 93 hectares and a total expected investment of nearly VND 6,500 billion.

The first project, a new urban area in Huong Mac and Phu Khe wards, Tu Son city, Bac Ninh province – now known as Phu Khe ward (investor: joint venture between Taseco Land and HNG Holdings), covers an area of approximately 30.47 hectares, with a total investment of over VND 2,500 billion and a population scale of about 7,300 people. The project includes low-rise housing, mixed-use buildings, social housing, and public works such as schools, healthcare facilities, and synchronous technical infrastructure.

The second project, a new urban, commercial, and service area – Sub-area 65.1 in Tam Son, Dong Ky, and Huong Mac wards, Tu Son city, Bac Ninh province – now known as Tam Son, Dong Nguyen, and Phu Khe wards (investor: joint venture between Taseco Land, Taseco Group, and ICON4), spans over 62.57 hectares, with a total investment of more than VND 3,964 billion and an expected population of about 5,178 people. This is a multi-functional urban area that integrates commercial, service, and residential functions, planned with a modern orientation to contribute to the long-term development of local urban infrastructure.

Both projects are strategically located in an area that is being strongly promoted for infrastructure connectivity with Hanoi. They also directly benefit from key transportation networks such as the Tu Lien Bridge, the Capital Region’s Ring Road 4, and inter-regional connection routes.

At the conference, the People’s Committee of Bac Ninh province also granted investment registration decisions to several large-scale projects, including the new urban area in the northwest of Bac Ninh city (Zone 1) – now belonging to Kinh Bac and Vu Ninh wards, invested by the Vingroup joint venture; and the new urban, tourism, ecological, cultural, resort, entertainment, and amusement complex in Tien Du district (Sub-area 112.1) – now known as Tien Du township, invested by Sun Group.

With the continuously improving inter-regional infrastructure and increasingly open investment attraction policies, Bac Ninh has become a destination for many large corporations. The participation of these enterprises not only promotes urbanization but also creates a positive spillover effect on infrastructure, capital flows, and auxiliary economic sectors. With its position as a new industrial and urban development center in the North, Bac Ninh is offering significant opportunities for key projects, such as the new urban areas that have just been granted investment decisions at this event.

According to statistics, in the first seven months of 2025, Bac Ninh recorded impressive results in attracting investment, with a total of 13.63 billion USD in equivalent capital. Specifically, the province granted investment licenses to 150 new DDI projects with a total capital of more than VND 245,300 billion and 237 new FDI projects with nearly 1.1 billion USD. Additionally, 134 DDI projects and 155 FDI projects were granted capital adjustments, with a total supplementary capital of VND 8,100 billion and 2.5 billion USD, respectively. In July alone, the province attracted an additional 34.2 million USD in equivalent capital, including 12 new FDI projects and 2 FDI projects with increased capital.