With the advantage of geographical location and transportation infrastructure system, Phu Tho town has been developing rapidly in industry in recent years, with a "trump card" called Phu Ha Industrial Park that has just completed its work. Clearance of more than 350 hectares. This industrial park has attracted dozens of foreign investors with a total capital of more than 800 million USD, creating jobs for more than 23.000 workers inside and outside the province.
In parallel with continuing to attract investment to Phu Ha industrial park, in the near future, Phu Tho town will deploy site clearance work for Phu Ho industrial cluster, with a total area of 75 hectares located entirely in Phu commune. Ho.
According to a reporter from Lao Dong Newspaper in mid-March, with the planned location, the distance from the center of Phu Ho industrial cluster to National Highway 3 and the headquarters of Phu Ho Commune People's Committee is only about 2km, to the Phu Ho Industrial Complex. Phu Ha industrial park more than 1km (Hung Vuong road direction), to IC2 intersection of Noi Bai - Lao Cai expressway about 9km (Hung Vuong road direction), to the end of Tuyen Quang - Phu Tho expressway about 5,5km ( direction of National Highway 5,5, Provincial Road 2).
Talking to reporters on the afternoon of March 10.3, Mr. Le Dinh Luyen - Chairman of Phu Ho Commune People's Committee said that Phu Ho Commune is coordinating with the Compensation and Resettlement Council for projects and investors (JSC). Nam Hoang Viet) began to identify boundary markers, prepare land status records, prepare detailed planning at a scale of 1/500 and implement the resettlement area infrastructure project to serve the site clearance work of Phu industrial cluster. Ho.
In early March, after an actual inspection at Phu Ho industrial cluster, Vice Chairman of Phu Tho Provincial People's Committee Nguyen Thanh Hai commented that this industrial cluster has a convenient location, easy to transport goods, many potential to attract investment. Therefore, Phu Tho town needs to mobilize the entire political system to clear the land, contributing to speeding up the investment progress in industrial cluster technical infrastructure to proactively catch the investment wave.
Vice Chairman of Phu Tho Provincial People's Committee requested that site clearance work for the project needs to be carried out methodically, synchronously, closely and according to the schedule by the locality. In addition, it is necessary to complete legal documents to be able to conduct coercive counting and land recovery if there are cases of intentional failure to hand over the premises.
After more than 120 years of establishment and development, along with strong investment to upgrade the transportation infrastructure system in recent years, Phu Tho town is gradually becoming an intermediate urban area connecting the central region. Northern tourist and mountainous areas with the capital Hanoi and the Northern Delta provinces.
Some important existing traffic projects in Phu Tho town include: End point of Tuyen Quang - Phu Tho expressway, IC9 intersection of Noi Bai - Lao Cai expressway, Ho Chi Minh road, National Highway 2... These projects help Phu Tho town have many opportunities for socio-economic development in particular and industrial development in general.