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List of projects calling for investment in 2015-2016 of Tien Giang province List of projects calling for investment in 2015-2016 of Tien Giang province

Vam Lang Residential Area

PROJECT 37

1. Project name:

Vam Lang Residential Area

2. Project's objectives:

To form a residential area for Vam Lang Townlet

3. Investment form:

Wholly domestic or foreign owned

4. Project scale:            

Area of land use: 23 ha,

Total estimated investment capital: 152 billion dongs

Capacity/Output/Description: Construction of a residential area with complete public infrastructure, including townhouses, apartments, garden villas, parks, kindergartens

5. Grounds to build the project:     

The approved detailed construction planning for the center area of Vam Lang, Go Cong Dong District

6. Project location:            

- Location: situated about 100 m from Provincial Road 871 to the South of Vam Lang Commune - Go Cong Dong District.

 + To the East: bordering with Vam Lang's resettlement area

 + To the West: bordering with Minh Thang Co., Ltd.

 + To the South: bordering with Can Loc Canal

 + To the North: bordering with househould' land (about 100 m from Provincial Road 871)

- Regional links: 14 km from Tan Hoa Townlet; 15 km from Go Cong Town; 50 km from My Tho City and 71 km from Ho Chi Minh City.

7. Infrastructure at project location            

- Land: including land types: residential land, agricultural land, traffic land, specially used land

- Status: the site has not been cleared

Construction standards: in compliance with the detailed construction planning for the center area of Vam Lang approved by the People's Committee of Tien Giang Province

- Transport infrastructure: status of access road into the project: connected via Provincial Road 871 and National Highway 50. Roads in the area are mainly asphalted roads. Roads in the project site are cementing concrete roads.

- Status of transportation: mainly 2-wheel and 4-wheel means of transport. There is currently Tan Thanh - Ho Chi Minh City passenger transport service. Vam Lang waterway - Vung Tau passenger transport service; Vam Lang - Ho Chi Minh City passenger transport service.

8. Investment incentives conditions           

- Investment conditions: under the conditions stipulated in the Law on Real Estate Business No. 66/2014/QH13 dated November 25th, 2014 and the Land Law No. 45/2013/QH13 dated November 29th, 2013.

- Investment incentives:

+ The project is located in a region with harsh socio-economic conditions. Incentives on land rent, exemption and reduction of land use fees, exemption of land or water surface rent, financial obligations for land to be fulfilled under the current regulations of the State.

 + Incentives on tax rates, exemption of enterprise income tax; export tax, import tax to be complied with under the provisions of the current tax legislation.

9. Social effects of the project:

Forming urban residential area, ensuring environmental landscape, providing urban life convenience for the residents.

10. Agencies providing project information

People's committee of Go Cong Dong district
Address: 02, Nguyen Van Con street, Tan Hoa town, Go Cong Dong district
Contact: Mr Nguyen Chi Trung
Position: Chairman
Phone: 073 3943978


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