On September 7, at the People’s Committee of Kinh Bac Ward, Bac Ninh provincial leaders chaired a conference to urge the investment progress of key projects in the southern area of Cau River.
At the conference, units reported on the progress of detailed planning at a scale of 1/500, investment project formulation, and compensation, support, and site clearance for three projects (pre-merger names): The Project of a New Urban Area in the Northwest of Bac Ninh City (Zone 1); The Project of a New Urban, Tourism, Ecological, Cultural, Resort, and Entertainment Area in Tu Son City; and The Project of a New Urban, Ecological, and Resort Area in Tien Du District.
Project location (photo by Thao Quyen)
Notably, the Project of a New Urban Area in the Northwest of Bac Ninh City (Zone 1) stands out. Post-merger, the project is located in Kinh Bac Ward, spanning an area of 277 hectares.
Currently, the investor has completed the public display and consultation process for the 1/500 detailed planning. In parallel, they have conducted terrain and geological surveys and are in the process of completing the feasibility study report and environmental impact assessment.
Regarding site clearance, the Department of Agriculture and Environment has approved the first phase of land measurement maps (159/277 hectares). The People’s Committee of Kinh Bac Ward has met with households and informed them about the land retrieval, covering an area of approximately 140 hectares.
Moving forward, the units will focus on finalizing and submitting the 1/500 detailed planning and environmental impact assessment for approval. Simultaneously, they will develop a compensation and resettlement plan for the affected households (approximately 140/277 hectares).
Overview of the project site (photo by Thao Quyen)
It is known that in November 2024, Vingroup Group proposed to invest in the Project of a New Urban Area in the Northwest of Bac Ninh City (Zone 1).
Subsequently, in early 2025, the People’s Committee of Bac Ninh province issued a decision approving the investment policy for this project, and the investor selection would be through bidding.
In mid-May 2025, the People’s Committee of Bac Ninh province decided to approve the results of the investor selection for the Project of a New Urban Area in the Northwest of Bac Ninh City (Zone 1).
The investor of the project is a joint venture between Vingroup Group, Thanh Binh Investment Consulting Company Limited, New Life Real Estate Investment and Development Company Limited, and Phu Tho Land Joint Stock Company.
The project covers an area of 277 hectares, bounded to the north and west by the Cau River, existing residential areas, and agricultural land; and to the southeast and south by existing residential areas and agricultural land.
The total investment capital for the project is estimated at VND 41,270 billion (excluding land use and rental costs). Of this, compensation and site clearance costs account for nearly VND 1,150 billion, with the remaining amount allocated for implementation.
Given its substantial scale, the project will feature a diverse range of products, including terraced houses, villas, mixed-use commercial and residential buildings, and social housing. Additionally, the project will encompass commercial, medical, cultural, and sports facilities. The projected population for this area is 33,000 people.
Overview of the project site (photo by Thao Quyen)
The project is expected to be completed within seven years from the date of investor selection, consisting of two phases:
The first phase, lasting about one year from the date of investor selection, will involve the completion of the environmental impact assessment, detailed planning at a scale of 1/500, and the approval of the project’s feasibility study report.
The second phase, spanning six years, will commence once the investor receives the land for development in accordance with the approved urban planning.
The project has a lifespan of 50 years, starting from the date of the competent authority’s decision on land allocation or lease.
The project aims to construct a modern, intelligent, and internationally-standard urban area, offering residential and commercial properties for sale, lease, or lease-purchase to domestic and foreign organizations and individuals, in compliance with the prevailing laws.
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