Approval of investment policy for Thai Ha Industrial Park Phase 2 in Ha Nam

Specifically, this decision clearly states that it approves the investment policy for the project to invest in construction and business of infrastructure of Thai Ha Industrial Park (IP) Phase 2, Ha Nam Province. At the same time, it approves the investor, Hop Tien Company Limited.

The land use scale of the project is 100 hectares. The project implementation location is in Bac Ly commune, Tran Hung Dao commune and Chan Ly commune, Ly Nhan district, Ha Nam province.

The project has a total investment capital of 976.83 billion VND. Of which, the investor's contributed capital is 146.52 billion VND, and mobilized capital is 830.3 billion VND.

The project's operating period is from March 6, 2023 to November 15, 2069.

Project implementation progress is no more than 36 months from the date of land handover by the State.

Phê duyệt chủ trương đầu tư KCN Thái Hà giai đoạn 2 ở Hà Nam - 1 — The project to invest in construction and business of infrastructure of Thai Ha Industrial Park Phase 2 is implemented by Hop Tien Company Limited (Illustration photo: Industrial Park).

In addition, this decision also clearly states that the Ministry of Planning and Investment is responsible for the assigned contents of project investment policy appraisal and State management of industrial parks according to the provisions of law.

Relevant ministries and branches are responsible for the content of project investment policy appraisal within their functions and tasks according to relevant legal provisions.

The People's Committee of Ha Nam province is fully responsible before the Government, the Prime Minister and the law for the conversion of the purpose of using rice-growing land and other types of agricultural land within the scope of the Project implementation in accordance with the provisions of the law on land, the law on management and use of rice-growing land; closely monitoring the progress of project implementation, the full contribution of capital as committed and the satisfaction of all real estate business conditions in accordance with the provisions of the law on real estate business when carrying out business activities of industrial park technical infrastructure of the investor...

The investor - Hop Tien Company Limited ensures to contribute sufficient equity capital to implement the project according to the committed schedule and comply with the provisions of the law on land; fully meet the conditions prescribed in Article 4 of Decree No. 02/2022 dated January 6, 2022 of the Government detailing the implementation of a number of articles of the Law on Real Estate Business when carrying out business activities of industrial park technical infrastructure.

Hop Tien Company Limited is only allowed to implement the project after the conversion of the project's rice-growing land use purpose is approved by the competent authority and is responsible for paying a sum of money to protect and develop rice-growing land in accordance with the provisions of the law on land and the law on management and use of rice-growing land.

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