Bac Giang will have an additional industrial park worth more than 3,700 billion VND

Deputy Prime Minister Tran Hong Ha signed Decision No. 1462/QD-TTg dated November 25, 2024 on the investment policy of the project to invest in construction and business of infrastructure of Hoa Yen Industrial Park (IP), Bac Giang province, approving the project investor as Fecon Hoa Yen Joint Stock Company.

The project has a scale of 256.68 hectares located in Dong Lo commune, Hiep Hoa district and Tien Son, Trung Son, Huong Mai communes, Viet Yen town, Bac Giang province.

Total investment capital of Hoa Yen Industrial Park is about 3,745 billion VND (of which the investor's contributed capital is 561.7 billion VND).

The project's operating period is 50 years from the date of investment policy approval.

According to the 1/2,000 zoning plan, the project implementation area allocates more than 60% of the land area for factories, green land accounts for more than 10%, the rest is for service areas, technical infrastructure, parking lots...

An industrial park in Bac Giang province.

Upon completion, the project will become a multi-industry industrial park, prioritizing processing, manufacturing, production and assembly industries that are highly technical and environmentally friendly.

Regarding the project implementation progress, the People's Committee of Bac Giang province directed the Management Board of Industrial Parks of Bac Giang province to specify the project implementation progress in the investment registration certificate but not exceeding 36 months from the date of decision on land allocation, land lease, and change of land use purpose.

The Ministry of Planning and Investment is responsible for the contents assigned to it for appraisal of project investment policies and for performing state management of industrial zones in accordance with the provisions of the law on investment and relevant laws. Relevant ministries and branches are responsible for the contents of appraisal of project investment policies within their functions and tasks in accordance with the provisions of the law on investment and relevant laws.

The People's Committee of Bac Giang province is responsible for the truthfulness and accuracy of information, reported data and appraisal contents according to the provisions of law; receiving opinions from ministries in the project investment policy approval dossier for contents within its authority; guiding, managing and supervising to ensure that investors comply with the provisions of law and implement the contents and conditions during the project implementation process.

The People's Committee of Bac Giang province ensures that the project is allocated enough industrial park land to implement according to the approved schedule; at the same time, it is included in the land allocation and zoning plan in the Bac Giang province planning and the annual land use plan of Hiep Hoa district, Viet Yen town approved by competent authorities.

Source: https://kinhtedothi.vn/bac-giang-se-co-them-khu-cong-nghiep-hon-3-700-ty-dong.html