Form of investment selection: Bidding to select investors according to legal regulations on bidding.
Investment in the construction of new urban areas is expected to include adjacent housing areas, villas, adjacent resettlement housing, adjacent social housing (for sale, lease, lease purchase) combined with commercial service projects, residential units, adjacent commercial units, commercial services (offices, shopping centers, supermarkets, restaurants, etc.), educational projects (preschool, primary school, middle school, high school), medical works in sync with technical infrastructure and systems of green and water surface works. Those contribute to effectively exploiting the regional land fund, promoting the socio-economic development of An Tay ward, Phu An Commune in particular and Ben Cat City in general.
The land area expected to be used is about 288.84 hectares. The used land area is about 280.44 hectares, and the used water area is about 8.4 hectares.
Population scale: estimated at about 14.300 people.
The total number of apartments/houses is expected to be about 7,100 units.
The project's investment capital is expected to be 13,564 billion VND. Initially, the total project implementation costs are determined based on the project's total investment according to the legal regulations on construction. It does not include compensation, support, and resettlement costs of 9,913 billion and 159 million VND. Initial compensation, support, and resettlement costs are expected to be 3,650 billion 847 million VND.
Time for implementing projects: 50 years (taking effect from the date that the documents of investor approval or investment registration certification. For an investment project with land allocated and granted for lease by the Country, if the land's use purposes are changed, the project's operating term will take effect from the date investors decide to allocate land, lease land, and change the use purposes).
Project implementation process: completing the investment for the entire construction within no more than 12 years from the approval date as the result of investor selection or investment acceptance.
The investors selected according to the legal regulations have the responsibility for repairing the phased investment plans or diving the component project reflected in the detailed 1/500 scale planning drawings to ensure investment efficiency and feasibility. Those things must be appropriate for planning at all levels and approved by the State Authority.
To invite capable and experienced investors to implement the projects, Binh Duong Provincial People's Committee issued Decision No. 2112/QĐ-UBND on July 18th, 2024 about the approval of preliminary capacity requirements, experiences of investors registering to implement the Dong An Tay urban project. Therein, financial capacity and experience in implementing similar projects are specifically required.
Decision 2062/QĐ-UBND , Decision 2112/QĐ-UBND