Vinh City cancels investment policies for 3 projects
(Baonghean.vn) - On the morning of November 3, the People's Council of Vinh City, term XXII, 2021 - 2026, held the 10th Session to approve investment policies and cancel investment for a number of projects in the area.

Based on the proposal of Vinh City People's Committee, at the meeting, the City People's Council delegates considered and voted to approve the Resolution deciding to adjust the investment policy and cancel the investment policy of the projects.
Specifically, the City People's Council has decided to adjust the investment policy of the Project of Office Building No. 2 and auxiliary items of the Vinh City People's Committee regarding the time and progress of project implementation until the end of 2024.
The Vinh City People's Council also agreed to cancel the investment policy of 3 projects, including: Infrastructure project for the residential land division planning area in Hamlet 5, Nghi Lien Commune, Vinh City; Technical infrastructure project for the residential land division planning area in Hoa Tien Hamlet, Hung Loc Commune, Vinh City; Infrastructure project for residential land division on both sides of the 24m planning road (section connecting Provincial Road 535 to the Eastern ring road), in Hung Loc Commune, Vinh City (23 hectares).

The reason for the cancellation is that the above 3 projects are within the scope of the planned investment policy and bidding to select investors to implement 2 Nghi Lien Urban Area Projects in Nghi Lien Commune, Vinh City and the Southeast New Urban Area Project, Hung Loc Commune, Vinh City, to ensure the synchronization of the technical infrastructure system and landscape architecture of the area, in accordance with the direction of the Provincial People's Committee in Document No. 593/UBND-CN dated January 24, 2022 on strengthening the management of urban residential land subdivision planning within the scope of the Vinh City Master Plan.
