Series of housing projects in Binh Dinh have their completion time extended to 2026

The I-tower Quy Nhon Commercial Service Center and Apartment Project, Vinh Liem Residential Area Project, Ban Thanh Residential Area Project, and Dong Ban Thanh Residential Area Project all have their project completion time extended to 2026.

The I-tower Quy Nhon Commercial Service Center and Apartment Project, Vinh Liem Residential Area Project, Ban Thanh Residential Area Project, and Dong Ban Thanh Residential Area Project all have their project completion time extended to 2026.

The I-tower Quy Nhon Commercial Service Center and Apartment Project has been extended to the third quarter of 2026 for completion.

According to the reporter's investigation, many housing projects were approved by the People's Committee of Binh Dinh province to adjust the project investment policy in October 2024.

Specifically, the Chairman of Binh Dinh Provincial People's Committee agreed to adjust the progress of the I-tower Quy Nhon Apartment and Service Center Project invested by Do Thanh Real Estate Investment and Development Joint Stock Company on Le Duan Street, Ly Thuong Kiet Ward, Quy Nhon City. Accordingly, the project was adjusted to the third quarter of 2026 to complete the entire project and put it into operation (previously on July 3, 2020, the project was also allowed to be extended to the third quarter of 2022).

Regarding the adjustment of total investment capital, the Department of Construction is assigned to preside over the review and report to the Provincial People's Committee based on relevant legal regulations. It is known that the I-Tower Quy Nhon Commercial Service Center and Apartment Project has a total area of over 1 hectare, with a total investment capital of about 1,991 billion VND.

The Provincial People's Committee also issued a decision to adjust the project investment policy for 3 residential projects in An Nhon town with the content of adjusting the completion time.

Vinh Liem Residential Area Project, Binh Dinh Ward, invested by Dai Tin Joint Stock Company, instead of being completed in the second quarter of 2024, the project was extended to June 30, 2026 to complete the entire project (in which the company was required to coordinate with the locality to complete the site clearance work before December 31, 2024).

The project was approved for investment on May 25, 2018, and the project progress was adjusted on October 10, 2022. The project has a total area of over 4.8 hectares, with 237 plots of land planned for townhouses and resettlement houses.

The Ban Thanh Residential Area Project in Dap Da Ward, invested by Ban Thanh Investment Company Limited, has adjusted the time for completing construction and housing business from the first quarter of 2020 to the second quarter of 2024 to from 2020 to the fourth quarter of 2025; adding from the first quarter of 2026 to the second quarter of 2026 to complete the project, finalize and hand over infrastructure to the locality.

Ban Thanh Investment Company Limited was recognized as the investor to implement the project on April 15, 2016 (the investment policy was approved as a joint venture of Quang Loi Company and Nhat Duy Transport Service Trading Company Limited on January 8, 2016); then the completion time was adjusted to October 11, 2022.

Similarly, the Dong Ban Thanh Residential Area Project in Dap Da Ward, invested by Dong Ban Thanh Investment Company Limited, also adjusted the time for completing construction and trading houses in the second quarter of 2024 to the second quarter of 2026.

The Dong Ban Thanh Residential Area Project was adjusted to the legal entity on July 26, 2017 (recognizing the investment policy as a joint venture of Northern Service Development Investment Joint Stock Company and An Nhon Urban Services Joint Stock Company on January 10, 2017); the policy was adjusted on December 21, 2018 and October 11, 2022, respectively.

For these projects, the People's Committee of Binh Dinh province requested Dai Tin Joint Stock Company, Ban Thanh Investment Company Limited, and Dong Ban Thanh Investment Company Limited to focus resources, speed up project implementation progress, and ensure that the projects are soon completed and put into operation according to the approved schedule.

Source: https://baodautu.vn/batdongsan/loat-du-an-nha-o-tai-binh-dinh-duoc-gia-han-thoi-gian-hoan-thanh-den-nam-2026-d229542.html