According to the announcement, the first auction point is the volume of dredged material from the Border Gate area (Ky Ha commune, Ky Anh town), including roadbed sand (layer 1) with a volume of nearly 143,775m3; substandard roadbed sand (layer 2, layer 3), and mixed soil with a volume of 26,267m3.

Total asset volume is nearly 170,042m3 of sand, starting price is over 27.4 billion VND. Deposit is 5 billion VND, starting price is 135 million VND.

The second auction point, the volume of material from the sand dredged from the boat mooring dock at Cup Buoi hill is 25,160m3 and the dumping site at the shrimp farming project land of Growbest Ha Tinh Company Limited, the volume is more than 69,715m3.

These two locations are both in Ky Phuong ward, Ky Anh town. The total volume is over 94,875m3.

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The volume of sand dredged from the Border Gate area has a starting price of over 27.4 billion VND. Photo: TT

The starting price for this property is nearly 15.2 billion VND, deposit 3 billion VND, step price 75.9 million VND. The auction will be conducted by indirect voting, according to the ascending price method.

The above properties are owned by the People's Committee of Ky Anh town. These properties will be announced for auction within 11 days (from February 28 to March 11). The price announcement session will take place on March 14.

According to an official from the Ha Tinh Department of Environment and Agriculture, these sand areas were formed from dredging projects in the Ky Anh town area. "Large projects are being implemented to fill the ground in the Vung Ang economic zone, so a lot of soil and sand is needed for leveling," said this official.

Previously, on October 21, 2024, Ha Tinh organized an auction of Cup Bau sand mine (49ha, Ky Phuong ward, Ky Anh town), with a volume of nearly 2 million m3, starting price of 9.5 billion VND.

With 117 bidding steps, Trong Tin Real Estate Investment and Construction Joint Stock Company (Ha Tinh City) won the auction with the amount of over 120 billion VND. Currently, the parties are completing the next procedures.