Regarding the case of Trong Tin Real Estate Investment and Construction Joint Stock Company (abbreviated as Trong Tin Company) winning the auction of 3 mineral mines in Ha Tinh province for nearly 200 billion VND, causing a stir in public opinion because of the high price. To clarify the matter, Giao Thong Newspaper reporters contacted the company representative.
The representative of the company that won the auction for 3 mineral mines worth nearly 200 billion VND in Ha Tinh said that the company needs to proactively source materials to carry out traffic infrastructure projects.
During the discussion, Mr. Le Duy Trung, Deputy Director of Trong Tin Company, affirmed that the price of the unit winning the 3 mineral mines is lower than the State price. In addition, according to the orientation of the next 10 years, the company will participate in many traffic infrastructure construction packages, so it wants to take the initiative in material sources.
"Recently, in Ha Tinh province as well as the whole country, there has been a shortage of construction materials. We want to be self-sufficient in materials. Large construction enterprises are self-sufficient in materials and do not depend on commercial sources...", Mr. Trung said.
According to Mr. Trung, currently the charter capital of Trong Tin Company is only registered at 5 billion VND, but when the project license for 3 material mines in Ha Tinh is granted, the company's resources will meet the requirements according to regulations.
Winning the auction of 3 material mines to prevent price increases and inflation of construction materials.
Trong Tin Company is a subsidiary, the parent company's resources are more than enough to invest in the project.
Previously, as reported, Trong Tin Company won the auction for the right to exploit 3 material mines in Ha Tinh on October 21.
The total amount of money that Trong Tin Company won the auction for at the 3 mines was about 198 billion VND. Specifically, Ngoc Son 1 landfill mine (Thach Ha district) increased from 1.8 billion VND to 22 billion VND. Ha Linh commune brick and tile mine (Huong Khe district) increased from 7.5 billion VND to 56 billion VND. Cup Bau sand mine increased from 9.5 billion VND to about 120 billion VND.
The total deposit of Trong Tin Company for the above 3 material mines is more than 3.7 billion VND.
Trong Tin Company (address at No. 16, Lane 318, Nguyen Du Street, Thach Quy Ward, Ha Tinh City) was just established on October 4, 2024.
The main business is real estate, land use rights owned, used or leased.
There are also buffalo and cow breeding and buffalo and cow breeding; poultry farming; mixed farming and livestock farming; and marine fisheries exploitation.
Source: https://www.baogiaothong.vn/vu-trung-dau-gia-3-mo-khoang-san-gan-200-ty-dong-gia-trung-thap-hon-gia-nha-nuoc-192241022194952624.htm
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