Deputy Prime Minister Tran Hong Ha signed Decision No. 1462/QD-TTg dated November 25, 2024, on the investment policy for the construction and business of infrastructure in Hoa Yen Industrial Park, Bac Giang province, approving Fecon Hoa Yen Joint Stock Company as the investor for the project.
The project covers an area of 256.68 hectares located in Dong Lo commune, Hiep Hoa district and Tien Son, Trung Son, and Huong Mai communes, Viet Yen town, Bac Giang province.
The total investment capital for Hoa Yen Industrial Park is approximately 3,745 billion VND (of which the investor's capital contribution is 561.7 billion VND).
The project's operating period is 50 years from the date of investment approval.
According to the 1/2,000 scale zoning plan, the project area allocates over 60% of the land for factories and workshops, green spaces occupy over 10%, and the remainder is for service areas, technical infrastructure, parking lots, etc.
Upon completion, the project will become a multi-sector integrated industrial park, prioritizing processing, manufacturing, production, and assembly industries that are high-tech and environmentally friendly.
Regarding the project implementation schedule, the People's Committee of Bac Giang province directed the Management Board of Industrial Parks of Bac Giang province to specify the project implementation schedule in the investment registration certificate, but not exceeding 36 months from the date of the decision on land allocation, land lease, or land use purpose conversion.
The Ministry of Planning and Investment is responsible for the assigned tasks of appraising investment policies for projects and for the state management of industrial parks in accordance with the law on investment and related laws. Relevant ministries and agencies are responsible for appraising investment policies within their respective functions and duties in accordance with the law on investment and related laws.
The People's Committee of Bac Giang province is responsible for the truthfulness and accuracy of the information, data reported, and appraisal contents in accordance with the law; incorporating the opinions of ministries in the investment approval dossier for the project regarding contents within its authority; guiding, managing, and supervising to ensure that the investor complies with the law and implements the contents and conditions during the project implementation.
The People's Committee of Bac Giang province ensures that the project is allocated sufficient industrial park land to be implemented according to the approved schedule; and that it is included in the land allocation and zoning plan in the Bac Giang provincial planning and the annual land use plan of Hiep Hoa district and 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
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