After Vingroup and Sun Group, another major real estate company has been awarded a project in Bac Ninh.

According to this decision, the urban area project won by the TasecoLand consortium covers an area of approximately 30.47 hectares, with a total estimated investment of over VND 2,500 billion (about USD 106 million). The expected population is around 7,300 people, located in Huong Mac Ward and Phu Khe Ward, Tu Son City. This project features synchronized investment in technical infrastructure along with low-rise housing, mixed-use housing, social housing, schools, healthcare facilities, and more. The project is planned to be implemented within 6 years from the date the investor is selected.

The project enjoys a prime location, situated between three traditional and long-established woodcraft villages in Tu Son City. It is approximately 12 kilometers from the newly initiated Tu Lien Bridge in Hanoi, offering very convenient transportation access to Hanoi’s city center.

In recent years, TasecoLand has made a significant mark in the real estate market with numerous large-scale projects developed in Hanoi, Quang Ninh, Ha Nam, Thai Nguyen, Thanh Hoa, Da Nang, and is recognized as one of the reputable developers in the market. Besides the newly approved project in Bac Ninh, TasecoLand has recently continued to expand its land bank to boost its real estate sector development by winning bids and auctions for many prime-location projects in Me Linh, Long Bien (Hanoi), Thai Nguyen, Ha Nam, and Quang Binh.

Bac Ninh – a destination for major domestic and international investors

Bac Ninh is currently welcoming a large wave of investment, especially foreign direct investment (FDI). The province has attracted a significant amount of FDI, placing Bac Ninh among the leading provinces nationwide in FDI attraction during the early months of 2025.

 Bac Ninh is a trusted choice for many investors.

 In the real estate sector, Bac Ninh has recently become a destination for a series of major investors such as Vingroup, Sun Group, and Phu My Hung.

In addition, numerous transportation infrastructure projects are being strongly invested in, including Ring Road 4 around the capital region, Gia Binh International Airport, and a 35-kilometer-long, 120-meter-wide road connecting Gia Binh Airport with Hanoi. The total estimated investment for these projects is approximately VND 71,150 billion. Hanoi City has also proposed plans for their implementation.

Notably, before August 15, 2025, the merger of Bac Ninh Province and Bac Giang Province is expected to be completed. This will serve as a new economic development driver, helping Bac Ninh become a leading economic hub of the country.

Sources: https://reatimes.vn/