Taseco Land continues to win the bid for a mega urban project in Bac Ninh

Accordingly, on June 25, 2025, the People’s Committee of Bac Ninh Province issued Decision No. 1134/QĐ-UBND approving the selection results of the investor for the New Urban Area Development Project in Tu Son City. The winning consortium includes Taseco Real Estate Investment Joint Stock Company (TasecoLand), Taseco Group Joint Stock Company (TasecoGroup), and Construction and Investment Joint Stock Company No. 4 (ICON4).

Taseco Land continues to win the bid for another project in Tu Son City, Bac Ninh Province.

According to the decision, the newly awarded urban development project—led by the consortium of TasecoLand—covers an area of approximately 62.27 hectares, with a total estimated investment of over VND 3,964 billion. The project is expected to accommodate a population of around 5,178 people and is located across the wards of Tam Son, Dong Ky, and Huong Mac in Tu Son City. It will be a modern, multifunctional urban area featuring commercial and residential facilities for sale. The development will include comprehensive infrastructure systems, contributing to socio-economic growth, improving urban infrastructure, and increasing local budget revenues for Tu Son City in particular and Bac Ninh Province in general.

Once completed and put into operation, residents will be able to reach Tu Lien Bridge in approximately 15 minutes by car, providing convenient access to downtown Hanoi.

Recently, Taseco's ecosystem has been actively expanding, continuously launching large-scale real estate projects worth trillions of dong across multiple provinces, including Hanoi, Ha Nam, Thai Nguyen, Bac Ninh, Quang Binh, and Da Nang.

In the first half of 2025, Bac Ninh’s real estate market has witnessed a surge in major property developments, especially large-scale urban projects backed by Vietnam’s leading real estate corporations such as Vingroup and Sun Group. These projects are primarily concentrated in Bac Ninh City, Tu Son, and neighboring districts, and are expected to transform the region’s urban landscape.

In addition to top domestic developers, Bac Ninh has attracted significant attention from international real estate giants. Notably, on June 18, the Chairman of the Bac Ninh People’s Committee held a working session with the Korea Land & Housing Corporation (LH Group) regarding the development of a new southeastern urban area in Bac Ninh City.

Moreover, in the first half of 2025, the Bac Ninh Industrial Zones Authority issued new investment registration certificates for nearly 130 domestic and foreign-invested projects in industrial parks, with a total registered capital of approximately USD 1,148.90 million. This includes 42 domestic direct investment (DDI) projects with total capital of VND 12,804.23 billion (equivalent to USD 516.77 million), and 86 foreign direct investment (FDI) projects with a total registered capital of USD 636.73 million, making Bac Ninh the leading province in Vietnam in terms of FDI attraction during the first half of 2025.

Source: https://vietnamnet.vn/