Phuc Son Group, chaired by Mr. Nguyen Van Hau (aka Hau "cannon"), before being investigated by the Ministry of Public Security, owned dozens of projects with a total investment of tens of thousands of billions of VND, spanning many provinces and cities across the country.
In Vinh Phuc, the hometown of Hau "cannon" and also the business registration place of Phuc Son Group, there are 5 outstanding projects, including: Phuc Son Commercial and Residential Center; Agricultural and Food Wholesale Market, Logistics System and Vinh Tuong Commercial Urban Area; Tu Trung - Vinh Tuong New Urban Area; Red River Left Dike Investment and Upgrade Project and Thien An Vien Cemetery Park.
Below are the latest images of the 5 projects:
Phuc Son Commercial and Residential Center
With a total project cost of about VND1,668 billion, the Phuc Son Commercial and Residential Center (Phase 2) is on the list of slow-progressing projects announced by Vinh Phuc province. According to the investment approval license, the project must be completed by the end of 2021.
This project of Phuc Son Group has a total scale of more than 127 hectares, of which phase 1 has an area of about 15.5 hectares, phase 2 has an area of about 111.8 hectares. The expected population size of both phases is 15,788 people.
Vinh Tuong agricultural and food wholesale market, logistics system and commercial urban area
This project was initially invested by Thang Long Investment, Trade and Real Estate Joint Stock Company with a total investment of more than 2,000 billion VND. By 2019, the project was transferred to Phuc Son Group. Currently, the project has undergone a total of 4 planning adjustments, but at present, it is still deserted.
The total area of this project is over 186 hectares, located in the territory of 3 communes Lung Hoa, Tan Tien and Yen Lap in the west of Vinh Tuong district, Vinh Phuc province. Of which, the urban area has an area of nearly 93 hectares; the market and transportation warehouse area has an area of over 61 hectares... The project is located through the land with National Highway 2 running through it, part of the National Highway 2 expansion project Vinh Yen - Viet Tri section that is being implemented.
This project once attracted a lot of attention because the selling price was up to 30-60 million VND/m2 (at the time it was not for sale, only a capital contribution contract was signed). Up to now, those who "accidentally" invested in this project are restless.
Tu Trung - Vinh Tuong New Urban Area
Tu Trung - Vinh Tuong new urban area is one of the "huge" projects of Phuc Son Group in Vinh Phuc. The project has a scale of 30.2 hectares, of which residential land is 12.6 hectares, commercial service land is 1,384 square meters. The project has a total of 400 townhouses, villas, shophouses, and apartments.
In June 2021, Vinh Phuc Department of Construction granted a construction permit to Phuc Son Group, this enterprise was allocated land in the first phase by the province to implement the project.
In 2022, this project was "named" by the Vinh Phuc Department of Construction in the list of 28 real estate projects that have not been allowed to transfer land use rights with infrastructure investment.
Red River left dike investment and upgrade project
This project is invested from the state budget and approved by the People's Committee of Vinh Phuc province since 2010, with an implementation period of 5 years (2010-2015). The project to invest in the construction of the Red River dike upgrading project combined with a traffic route stretching about 28km, including 17km through Vinh Tuong and 11km through Yen Lac district.
The project has a total investment of more than 1,500 billion VND. Of which, the investment capital from the central budget is 70%, the remaining 30% is from the provincial budget. The project investor is the People's Committee of Vinh Tuong district, the project consultant is ICA Vietnam Architecture Consulting Joint Stock Company.
In this project, Phuc Son Group received two packages No. 1 and No. 3 with a total investment capital of more than 940 billion VND. These two packages were repeatedly urged by the People's Committee of Vinh Phuc province and the People's Committee of Vinh Tuong district because of the delay in progress, affecting the local development.
Thien An Vien Cemetery Park
In 2015, Phuc Son Real Estate Investment Company Limited (belonging to Phuc Son Group Corporation) was approved by Vinh Phuc Provincial People's Committee to invest in the construction of Thien An Vien Cemetery Park.
Thien An Vien is built on an area of over 118 hectares, mainly infertile hilly land in Khai Quang ward, Dinh Trung commune (Vinh Yen city) and part of Kim Long commune (Tam Duong district). The project has a total investment of over 1,492 billion VND.
Thien An Vien is advertised as the largest and most modern cemetery park project in Southeast Asia, however, after nearly 10 years, this project is still a vacant lot.
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