On the afternoon of August 21st, Mr. Nguyen Khac Than, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, chaired a working session with Vanguard Millennium International Co., Ltd. - the investor of the Prime Technology manufacturing plant project in Hung Nhan Industrial Cluster, Hung Ha District. Representatives from several departments and agencies, as well as leaders from Hung Ha District, attended the meeting.
Comrade Nguyen Khac Than, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, delivered a speech at the working session.
According to a report by Vanguard Millennium International Co., Ltd., the Prime Technology factory, specializing in the production of household goods made of metal, wood, and plastic, has a total investment of over $30 million. The project covers an area of nearly 6 hectares and has a designed capacity of over 4 million products per year. The company's products are primarily exported to the US market. To ensure investment progress and commercial commitments with partners and customers, Vanguard Millennium hopes that the industrial park infrastructure investor and the Provincial People's Committee will resolve difficulties and promptly hand over the land to allow for the early construction of the factory, installation of machinery and equipment, and rapid commencement of production.
The leader of Vanguard Millennium International Co., Ltd. speaks at the meeting.
During the meeting, QH Land Investment Joint Stock Company (the infrastructure investor of Hung Nhan Industrial Cluster) explained that the delay in handing over land to secondary investors, approximately one month behind schedule, was due to new regulations in the Land Law regarding the authority to change land use purposes. Currently, technical infrastructure items such as wastewater treatment plants, roads, electricity, green spaces, and water supply and drainage have been invested in comprehensively, ensuring sufficient conditions for secondary investors to implement projects in Hung Nhan Industrial Cluster. QH Land affirmed that land will be handed over by September 2024, and procedures for granting land use rights certificates to secondary investors will be completed by October 2024.
Concluding the meeting, Mr. Nguyen Khac Than, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, highly appreciated Vanguard Millennium International Co., Ltd.'s decision to choose Thai Binh province for its large-scale investment project. Regarding the investor's proposal, he affirmed: The province shares the difficulties the company has faced in implementing the project, due to objective changes in land law and policies that are beyond the province's authority. However, the Provincial People's Committee will proactively resolve these obstacles. The Provincial People's Committee will direct relevant departments and agencies, along with the investor of the Hung Nhan Industrial Cluster infrastructure, to urgently resolve these issues and commit to handing over the land for the project no later than the beginning of November 2024. He also instructed Hung Ha district to create the most favorable conditions for the infrastructure investor to complete administrative procedures for investment and to carry out land leveling work as quickly as possible. The Department of Natural Resources and Environment is responsible for completing the procedures for land use conversion and ensuring the timely handover of land to the project. The Department of Planning and Investment facilitates the issuance of investment certificates for the project. The investor of the Hung Nhan Industrial Cluster infrastructure will closely coordinate with relevant departments and agencies to proactively guide and support Vanguard Millennium International Co., Ltd. in carrying out procedures related to construction, fire prevention and fighting, environmental protection, etc.
The Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee requested that the secondary investor, upon receiving the land, focus on investing in the construction of the factory, quickly put it into production to create jobs and stable income for people in the project area, and make a positive contribution to the socio -economic development of the locality. He also expressed his hope that Vanguard Millennium International Co., Ltd., with its capabilities, business partnerships, and clear understanding of Thai Binh's favorable investment and business environment, would support the province in attracting large global enterprises and corporations to invest in Thai Binh in the future.
Source: https://thaibinh.gov.vn/tin-tuc/tin-kinh-te/ubnd-tinh-lam-viec-voi-cong-ty-tnhh-vanguard-millennium-inte.html
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