Hoa Binh Department of Planning and Investment issued on June 20, 2022 its notice of its notice of bid invitation for project of Doi Thung Ecological urban area, luxury resort and entertainment with details as follows:

Procuring agency: Hoa Binh Department of Planning and Investment

Project name: Doi Thung Ecological urban area, luxury resort and entertainment “Notice ref No 20220658967 - 00. Date of publication: 20/06/2022 15:12"

Project's investment objectives: Invest in the construction of a mixed-use zone with many functions such as: high-quality housing, eco-tourism area, high-class entertainment, service and trade center, to meet the needs of tourists visitors, ensuring the effective use of land resources, protecting and promoting the natural ecological landscapes in the area; contribute to building Quy Hoa commune, Lac Son district, Hoa Binh province to become a highlight in the development of tourism services; ensure conformity with the approved construction planning.

Scale of the project investment: Shophouse-townhouse: About 500 units, the maximum construction density is expected to be 60%, the average area of each unit is from 90-120m2; accounting for about 59% of the total number of houses in the project. + Branded-villas: About 350 units with expected maximum construction density from 25 - 30%, average area of each unit from 450 – 500m2; accounting for 41% of the total number of houses in the project. (The scale, structure, design of work items are determined in detail at the stage of planning the detailed planning scale 1/500 and Feasibility Study Report, ensuring compliance with current regulations and standards of the law on planning, construction, urban, housing and land).

Preliminary total project implementation cost: VND 5.306.683.003.533

Compensation, support and resettlement expense: VND 382.000.000.000

Summary of the basic requirements of the project: Comply with the provisions of the law on Investment, Planning, Construction, Real estate business and relevant current laws. For technical infrastructure system: Synchronously construct and hand it over to the competent State agencies. For social infrastructure works: Complete construction, the management complies with current laws. For commercial housing projects: Conduct rough construction and finish the exterior of all shophouses, adjacent houses and villas as planned; transfer house-using right to customers complying with current law. For service, commercial, mixed-use, physical training and sports facilities: Synchronously construct, operate commercial activities comply with current laws. The State leases land with collection of land use levy, uses land for a definite term. Payment of land use levy for the area of land for construction of commercial houses and commercial service land complying with current law.

Investment duration and schedule: By the end of the 2nd quarter of 2022: Complete the investment preparation phase. From the 3rd quarter of 2022 to the 4th quarter of 2022: Complete the site clearance. From the 1st quarter of 2023 to the 4th quarter of 2025: Invest in the construction of the project's items. In 1st Quarter of 2026: Complete the investment, put the project into operation

Project location: Quy Hoa commune, Lac Son district, Hoa Binh province.

Land area: 186,36 ha

Land use's purpose: Residential land, public land, commercial land, service land, educational land, medical land, green tree land - physical training and sports, mixed land, traffic land, technical infrastructure and some other types of land

Approved planning criteria: Public works - services: 10,79ha; Mixed-use works: 8,4ha; Greenery land and physical training and sports land: 14,8ha; Traffic land: 11,81ha; Educational land: 1,9ha; Residential land group: 86,34ha; Public works - services (simulation of religious architecture): 2,7ha; Thematic green land (Amusement park): 13,2ha; Land for connecting technical infrastructure works: 1,89ha; Natural landscape green land: 26ha; Land of water: 8,55ha

Deadline for investors to submit their project implementation registration document: 21/07/2022 09:00

Address, phone number, fax number of the Department of Planning and Investment: Hoa Binh Department of Planning and Investment, No.672, Tran Hung Dao Street, Phuong Lam Ward, Hoa Binh City, Hoa Binh Province. Tel: 0218.3852111; Fax: 0218.3853152

Other information: Agricultural land, educational land, rural residential land, traffic land and other types of land.