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Accordingly, Quang Tri Province agreed to let SAM Holdings Joint Stock Company research, survey, and propose investment in a high-class residential, resort, sports, and entertainment complex in Gio Linh District. At the same time, the investor is requested to closely follow the provincial planning, regional planning of the district, and other planning in the proposed project area to come up with a proposal with a moderate scale and scope, suitable to the reality, ensuring legality and feasibility of implementation.
For now, the People’s Committee of Quang Tri Province assigns SAM Holdings to research and propose phased investment from now until 2030 for two components: an 18-hole standard golf course and a mixed residential area within the total research area.
In the implementation process, it is necessary to coordinate with the Department of Construction and related agencies and localities to carefully study the current planning situation, avoiding planning-related issues; at the same time, closely coordinate with localities to adjust the current land-use planning, minimizing the impact on residential areas.
In case the land area for project implementation is within the planning that affects the residential area, it is necessary to proactively propose compensation and site clearance plans to ensure the best interests of the people.
The enterprise is assigned to carefully study the proposal for the golf course area and the urban area as one project or separate projects, considering the most favorable option in terms of procedure and process in accordance with the law.
Report the work content to the People’s Committee of Quang Tri Province before February 28, 2025, to deploy the following contents.
It is known that on January 16, the People’s Committee of Quang Tri Province had a working session with SAM Holdings Joint Stock Company. At the meeting, SAM Holdings proposed to invest in a high-class residential, resort, sports, and entertainment complex in Gio My, Gio Hai, and Trung Giang communes (Gio Linh district), with a scale of about 1,800 ha.
The project includes the following sub-areas: Central Area, Mixed Resort Area, High-class Residential Area, and Golf Course Complex, with a total investment of VND 102,865 billion for the entire project, expected to create new jobs for 44,800 laborers.
The People’s Committee also agreed in principle to let SAM Holdings research the project. However, to ensure the feasibility of the project, the province requested that during the period of 2025-2030, the company should focus on researching two items: investing in the construction of an 18-hole standard golf course with an area of 90-150 ha and a mixed urban area of about 100 ha within the total research area.
SAM Holdings Joint Stock Company (formerly known as Postal Material Factory II, established in 1986). On June 2, 2000, SAM Holdings officially became one of the first two companies listed on the Vietnam Stock Market with the code SAM.
In the field of real estate, SAM Holdings invests in projects such as SAMLAND River View, SAMLAND Airport, SAMLAND Riverside, SAMLAND Giai Viet Apartment, and Nhon Trach Residential Area…
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