The Hai Phong City People’s Committee has officially issued a decision approving the investment policy and simultaneously approving the investor for the Dai Xuan Petroleum and General Services Project in Hung Dao Ward. This project is expected to contribute to improving commercial and service infrastructure, meeting the growing economic development demands of the area.
Project Overview
The project is invested by Dai Xuan Trading, Construction and Transport Co., Ltd., with the following key details:
- Project Name: Dai Xuan Petroleum and General Services Station
- Location: Hung Dao Ward, Hai Phong City
- Land Area: Approximately 11,442.2 m²
- Total Investment Capital: VND 53.224 billion
- Equity: VND 13.224 billion
- Mobilized capital: VND 40 billion
- Project Duration: 50 years
Scale and Investment Items
The project is comprehensively planned with modern infrastructure to serve multiple purposes:
1. Main Facilities
- Petroleum retail station
- 3-storey operation office
- Repair workshop
- Commercial and service complex
2. Supporting Infrastructure
- Fuel storage tank area
- Electric vehicle charging station (aligned with green development trends)
- Parking area, power station, water supply and drainage systems
- Green spaces and landscaping
3. Internal Transportation System
- Total area of over 6,100 m², ensuring convenient traffic flow for vehicles and goods
Objectives and Significance
The project aims to:
- Provide stable and safe petroleum retail services
- Develop warehousing and goods storage services
- Support transportation and logistics activities in the area
- Combine commercial services with office leasing
The inclusion of an EV charging station reflects a sustainable development orientation, aligning with the global energy transition trend.
Implementation Timeline
The project is expected to be carried out in the following phases:
- Preparation phase: Completed within 9 months (by the end of Q4/2026)
- Construction phase: From Q1/2027 to the end of Q4/2028
Requirements and Responsibilities
The investor is responsible for:
- Fully complying with regulations on investment, land, construction, and environment
- Completing the Environmental Impact Assessment (EIA) before implementation
- Ensuring project progress, quality, and safety
- Fulfilling all financial obligations and reporting requirements
Relevant departments and authorities will coordinate supervision and provide guidance to ensure the project is implemented in accordance with regulations.
Driving Force for Hung Dao Area Development
The implementation of the project will not only meet energy and transportation service demands but also:
- Enhance local commercial infrastructure
- Create employment opportunities
- Increase state budget revenue
- Promote socio-economic development in Hai Phong
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