Investing more than 1,423 billion VND to build Hong Tien Industrial Park

The project investor is Hong Tien Industrial Park Infrastructure Investment Joint Stock Company, with a total expected investment capital of VND 1,423,868 billion, of which the investor's contributed capital is VND 213,808 billion.

The project has a scale of 113.89 hectares, oriented to develop into a specialized industrial park, focusing on the production and assembly of electronics, computers and optical products. The term of operation is 50 years from the date of land lease by the State.

According to the issued decision, the project must be completed within 24 months from the date of land allocation. The investor is responsible for ensuring the progress of equity contribution and fully implementing current legal regulations. Investment incentives will be applied in accordance with State policies.

Perspective of Hong Tien Industrial Park Project, Y Yen District, Nam Dinh . Photo: guland.vn

The Nam Dinh Provincial People's Committee assigned the Nam Dinh Economic Zone and Industrial Zone Management Board to be the focal point for guiding and supervising the project implementation. In particular, it emphasized the requirement to strictly inspect the contents related to capital contribution, transfer, land use and attracting secondary investment. In particular, investors must synchronously build technical infrastructure, housing areas and welfare facilities to serve workers.

The People's Committee of Ý Yên District and the People's Committee of Yên Tiến Commune are assigned to carry out the work of land acquisition, compensation, and site clearance according to schedule and regulations. The supervision of rice land use will strictly comply with Decree No. 112/2024/ND-CP of the Government .

On the investor side, Hong Tien Industrial Park Infrastructure Investment Joint Stock Company commits to take full responsibility for legality and transparency of documents, fully perform financial obligations, deposit investment funds, and closely coordinate with local authorities in compensation, resettlement support and construction of items serving workers.

The approval of the investment policy for Hong Tien Industrial Park is a strategic step in the goal of promoting the development of high-tech industry in Nam Dinh. The project not only contributes to increasing investment attraction in Y Yen district, but also opens up opportunities for economic restructuring towards modernity and long-term sustainability.

Source: https://baodautu.vn/dau-tu-hon-1423-ty-dong-xay-dung-khu-cong-nghiep-hong-tien-d304444.html