Development of Dong Van Son - Bac Binh Son Urban Area

Developing new residential area having the nature of a resettlement area according to criteria for the urban area of grade-II , creating housing and stabilizing the lives of people in the region.

1. Project title: DEVELOPMENT OF DONG VAN SON – BAC BINH SON URBAN AREA

2. Project code: XD-BDS7

3. Investment objectives:

- Developing new residential area having the nature of a resettlement area according to criteria for the urban area of grade-II , creating housing and stabilizing the lives of people in the region.

- Providing an urban space with all facilities of a new urban area.

4. Form of investment: Domestic or Joint venture

5. Proposed investment scale:

5.1. Proposed capacity: Developing new urban area according to criteria of grade-II

5.2. Proposed investment capital: VND 1,615   billion.

5.3. Proposed land area: 201,8 ha

6. Project location information:

6.1. Location: Van Hai ward, Phan Rang-Thap Cham city.

6.2. Favorable conditions: Located near the city center, adjacent to the main roads (Yen Ninh, Truong Chinh, Nguyen Thi Minh Khai) and fully invested technical infrastructure surrounding.

7. Investment Incentive Policies:

7.1. Land use fees: Stipulated in Decree 45/2014 / ND-CP dated 15/05/2014 of the Government on collection of land use fees and Circular No. 76/2014 / TT-BTC dated 16/6/2014 of the Ministry of Finance on guiding some provisions of Decree 45/2014 / ND-CP dated 15/5/2014. of the Government.

7.2. Corporate Income Tax: Getting the preferential tax rate of 17% for 10 years for business taxable income from investing activities; getting tax exemption for 02 years from the date getting the business taxable income from investment project and getting tax reduction of 50% for the payable tax for the next 04 years . The date of getting preferential tax and tax exemption is stipulated in the Decree No. 218/2013/ND-CP dated 26/12/2013  of the Government detailing and guiding the implementation of law on corporate income tax and Decree No. 12/2015/ND-CP dated 12/02/2015 of the Government on elaboration of the law on amendments to tax laws and amendments to some articles of decrees on taxations.