INVEST VINH PHUC > Supports > Worker’s house project in Ba Thien commune, Binh Xuyen District, Vinh Phuc Province

Worker’s house project in Ba Thien commune, Binh Xuyen District, Vinh Phuc Province

  1. Location:

Located in the Ba Hien commune of Binh Xuyen district, Vinh Phuc province.

+Bordering with provincial road 302B in the Eastern;

+ Bordering with 36 road which runing through Industrial parks

+ Bordering with Trai Cup residential areas and farmland in the Southern

+ Sharing border with the land of service of Vinh Tien small village and resettlement areas, land services of Go Bong areas of Vinh Tien small village.

  1. Status:
  • In the planning areas do not existing inhabitant and no architectural building
  • Land for workers’ house project which was compensated and clearance side, land for worker’s cultural housing land for rice and forestry growth, land for cemeteries canals, the edge of parcel split.
  1. Goals and Scale:
  • Target:
  • Scale: total area: 34.7786 ha
  • The land of Public works is 52 967 m2 (8799 m2 for cultural land, sports ground of 24. 667 m2,land of commercial services of 6369 m2, schools land of 13 132 m2 );
  • The residential land is 186 608 m2 (land for housing experts of 24,168 m2, land for worker’s housing of 162.44 m2);
  • green trees land of 40 630 m2 ;
  • Infrastructural Land of 1,000 m2;
  • Roads land of 66 581 m2).
  • In prioritizing focus on investment built a land plot size of 5.3 ha, approved by Provincial People’s Committee on project construction investment location serve workers, including 08 building projects worker housing combines commercial and garage in the basement and 1st floor of the house, a cultural house for worker.
  1. The total expense of the construction technical infrastructure system: 276.26 billion dong
  2. The authorized state agencies: Industrial zone and Management Board
  3. The Investment content:

In the short term period since 2015 -2020:

Investment built in 5.3 ha offered by Department of Construction of Vinh Phuc province, including work items:

– 08 worker’s housing, combined commerce and garage in the basement and first floor of apartment;

– Cultural house for workers (planning for construction investment project): 8.799m2

– Kindergarten: 6050 m2

  1. The status of the project
    • The project was approved detailed planning by Provincial People’s Committee in Decision No.204/QD-UBND dated May 11,2015
    • detailed planning of 1/500 already
  1. Investment type:
  • State budget or calling from other investment resources in the form of public-private partnerships
  1. Preferential policies:

9.1 Preferential Policies of the State: Applying the Decree 188/2013/ ND-CP dated 20/11/2013 of the Government on the development and management of social housing, in which:

a) Social housing development Projects was supported and given preferential by government and under the following provisions:

To be exempt from land use fees and land rent for the project to build social housing (including land for construction of commercial business process specified in clause 1 of this paragraph) censored;

In case the owner’s project has paid the land use free when the State allocates land; received the land use right transfering from institutions, households and individuals others that these land was used to build social housing or  investors’s project have paid for land use 20% of land, the State shall reimburse or be deducted from the financial obligations that ower’s project  must submit to the State in accordance with the law of the land.

– To apply the preferential tax rate of value added tax under the provisions of the law on value added tax.

– Exemption from tax and enjoy the preferential enterprise income tax rate under the provisions of the law on corporate income tax.

– Being supported from the following sources:

Borrowing from credit institutions, commercial banks and financial institutions established and operating under the law regulation.

The credit institutions, commercial banks and financial institutions are responsible for a amount of capital (minimum of about 3% of total loans) to investors of social housing development projects and buyers, lease or purchasing  of social housing loans with preferential interest rates lower than market interest rates, repayment periods consistent with the repayment capacity of the customer.

+ Preferential loans from local budgets, the issuance of local government bonds, housing development funds and preferential loans (if any) prescribed by law.

To be supported from budget resource for entire investment cost of technical infrastructure outside the fences (transport, electricity, water supply); Supported a part or full financial compensation, site clearance, construction of technical infrastructure, social infrastructure in accordance with local conditions project.

Exemption perform design evaluation procedures for case basis applied project design, typical design of social housing by issued the competent authorities; applied form of self made to the section consulting, construction and installation, if qualified under the provisions of law on construction (except for social housing development project is invested with banks state budget).

– For production enterprises have used workers in industrial zones if these enterprises self- invested to build or purchase the social housing for their employees without collection of rental fee house not excess rental cost of social housing issued by the provincial People’s Committee and enterprises to arrange housing for workers in the construction costs, purchase of housing or housing rental costs are calculated reasonable costs in production costs when calculating corporate income tax.

– Used housing construction and formation of future within the social housing development projects as collateral when borrowing for investment projects.

– Originally issued bonds guaranteed by the Government under the legal provisions on the issuance of bonds.

– Being benefist from other prefenential under the regulation on preferential investment (if any).

Project’s investor for 20% of total land area allocated within the development project of social housing (including land use projects 20%) for investment in commercial  business construction (including high-rise or low-rise commercial housing) to offset the cost of investment, contribute to the reduction of price,rental or hire purchase of social housing and reduce the cost of management services, operating the social housing after investment.

For the case of development projects in social housing, detailed planning schemes approved by the authorized state agency without allocate private land for construction of trade business within the project, investors are allowed to spend 20% of the total floor area of housing projects for sale and leasing under  the trading cost.

b) Project development of social housing invested by non-budgetary funds only for lease, in addition to the support mechanisms and incentives stipulated as to part a) another incentives and assistance as following:

– Being the provincial People’s Committee to support the entire investment of technical infrastructure, social infrastructure within the project from local budgets;

– For the social housing fund to lease the following minimum rental period is 05 (years) since the starting time for lease, the project investor is allowed to sell this housing fund to the tenant (if required) in the price of social housing at the time of sale this house.

c) Households and individuals invest in social housing being assistance, preferential under the following provisions:

– Exemption from land use when it is allowed to use land from other land to build social housing.

– Exemption or reduction and enjoy preferential personal income tax and other taxes related to the sale, lease or lease-purchase social housing under the provisions of tax legislation.

– Being supported under prescribed in Clause 1 of this article.

– Used to house in the future to make collateral for loans, social housing investments.

9.2. Provincial preferential policy:

Follow the Resolution 159/2014/NQ-HDND dated 22/12/2014 of People’s Council in Vinh Phuc province. Accordingly, in addition to the incentives prescribed by the Government and the investor housing projects for workers, low-income people in the province of Vinh Phuc province’s budget is supported, in particular:

a) Being allocated or leased land clearance compensation; supporting 100% of the costs for site clearance compensation under the compensation plan clearance approved by the competent authorities.

b) Supports 100% of the costs up, evaluation of detailed planning and surveying, project planning, design, construction drawing – estimates of works under the settlement value is approved by the provincial People’s Committee.

c) Exemption administration fee when the procedures for granting land use right certificates, ownership of houses and other assets attached to the land.

10. Process of project implementation:

  • Infrastructure investors submitted proposals and the project profile for Vinh Phuc Promotion Investment Agency, Provincial People’s Committee to consider and approve the investment policy.
  • Investors prepared dossiers of projects applying for investment certificates.
  • The province hand over land clearance to investors.
  • Investors make procedures of land lease contract and receive a certificate of land use rights.
  • The Investors built infrastructure
  • Investors enable secondary investors of urban construction land lease as planned.