Allowing Singaporean enterprises to invest in VSIP Lang Son industrial park project

05/16/2023 12:45 Ha Linh Print article

ANTD.VN - Deputy Prime Minister Le Minh Khai has just signed Decision No. 501/QD-TTg, approving the investment policy for the project to invest in construction and business of infrastructure of VSIP Lang Son Industrial Park, Lang Son province.

Allowing Singaporean enterprises to invest in VSIP Lang Son industrial park project photo 1

VSIP is the investor in the project to invest in construction and business of infrastructure of VSIP Lang Son industrial park.

According to the decision, Vietnam Singapore Urban and Industrial Park Development Joint Stock Company (VSIP) is the project investor.

The VSIP Lang Son Industrial Park Infrastructure Investment and Business Project (Huu Lung Industrial Park) is being implemented in Ho Son and Hoa Thang communes, Huu Lung district, Lang Son province. The project scale is 599.76 hectares, including: phase 1 with a land use scale of about 200 hectares; phase 2 with a land use scale of about 250 hectares and phase 3 with a land use scale of about 149.76 hectares.

The total investment capital of the project is more than 6,361,328,000,000 VND, equivalent to 274,668,739 USD. Of which, the investor's contributed capital is 954,199,200,000 VND, equivalent to 41,200,311 USD.

The project's operating period is 50 years from May 15, 2023.

Deputy Prime Minister Le Minh Khai requested the Ministry of Planning and Investment to be responsible for checking the validity of project documents and the contents assigned to appraise the project investment policy according to the provisions of Clause 3 and Clause 4, Article 33, Point i, Clause 2, Article 69 of the Investment Law and relevant laws.

The Deputy Prime Minister also assigned relevant ministries and branches to be responsible for the content of project investment policy appraisal within their functions and tasks as prescribed in Point d, Clause 3, Article 69 of the Investment Law and relevant laws.

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