5 Mega Industrial Infrastructure Projects Approved
5 Mega Industrial Infrastructure Projects Approved
The government has recently decided to approve the investment strategies for 5 industrial infrastructure projects in Hai Phong, Bac Giang, Ha Nam, Hung Yen, and Ben Tre, with a total investment of 12,500 billion VND.
1. Tien Thanh Industrial Zone Infrastructure
Deputy Prime Minister Le Van Thanh recently signed Decision No. 647 on May 27, 2022, approving the investment strategy for the construction and operation of the infrastructure of Tien Thanh Industrial Zone in Tien Lang district, Hai Phong City.
The project covers an area of 410.46 hectares in Tien Thanh commune and Cap Tien commune, Tien Lang district, Hai Phong City, with a capital of over 4,597 billion VND. Tien Thanh Industrial Zone Investment Joint Stock Company is the project's investor.
The Ministry of Planning and Investment is responsible for reporting on the results of assessing the investment strategy and implementing state management responsibilities for industrial zones in monitoring and directing compliance with legal regulations.
2. Phase 1 Expansion of Hoa Phu Industrial Zone Infrastructure
In Decision No. 646 dated May 27, 2022, Deputy Prime Minister Le Van Thanh approved the investment strategy for the construction and operation of the infrastructure of Phase 1 expansion of Hoa Phu Industrial Zone in Bac Giang province, with Hoa Phu Invest Limited Liability Company as the project's investor.
The project covers an area of 85 hectares in Mai Dinh commune and Huong Lam commune, Hiep Hoa district, Bac Giang province.
The total investment capital for the project is 1,093 billion VND, with the investor's contribution being 166 billion VND, and mobilized capital of 927 billion VND.
3. Investment in Phu Thuan Industrial Zone Infrastructure
Deputy Prime Minister Le Van Thanh also signed Decision No. 649 on May 27, 2022, approving the adjustment of the investment strategy for the construction of infrastructure for Phu Thuan Industrial Zone in Binh Dai district, Ben Tre province, which was previously approved by the Prime Minister in Decision No. 1489 dated October 4, 2017.
Accordingly, the adjusted total investment for the project increased to 3,582 billion VND from the previous 2,126 billion VND. The investment capital is sourced from the provincial state budget, with over 3,443 billion VND.
4. Expansion of Yen My II Industrial Zone Infrastructure
In Decision No. 650 dated May 27, 2022, Deputy Prime Minister Le Van Thanh approved the investment strategy for the construction and operation of the infrastructure of the expanded Yen My II Industrial Zone in Hung Yen province, with Hoa Phat Hung Yen Infrastructure Development Co., Ltd. as the project's investor.
The project is implemented in Trung Hung commune, Trung Hoa commune, and Yen My town, Yen My district, Hung Yen province, covering an area of 216 hectares. The total investment capital for the project is over 2,682 billion VND.
5. Eastward Expansion of Dong Van I Industrial Zone Infrastructure
Deputy Prime Minister Le Van Thanh signed Decision No. 648 on May 27, 2022, approving the investment strategy for the construction and operation of the infrastructure of the eastward expansion of Dong Van I Industrial Zone at the Northeast intersection of Vuc Vong - Zone B in Ha Nam province.
According to the plan, the project will be implemented in Bach Thuong ward and Yen Bac ward, Duy Tien town, Ha Nam province, covering an area of 49.06 hectares, with a total investment capital of over 541 billion VND. The project is invested by Petrochemical and Plastic Group Joint Stock Company.
The Ha Nam Provincial People's Committee is tasked with ensuring the accuracy of information and reports, and overseeing the project's compliance with approved planning. Additionally, they will verify that the investor meets the conditions for land lease at the time of land leasing for project implementation.
