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Saturday, July 2, 2022

Bac Giang to develop VND2.7-trillion industrial park

The Saigon Times

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HCMC – The Bac Giang government has issued a decision establishing the Yen Lu Industrial Park in Yen Dung District, with a total investment of nearly VND2.7 trillion.

Of the total capital, VND403.8 billion will be sourced from the investor’s capital contribution, while the remainder will be mobilized from other sources.

The industrial park project, whose investor is Capella Land JSC, is set to cover 377 hectares of land in Yen Lu Commune and operate for 50 years.

Once in place, the industrial park will operate in line with the prevailing regulations and be managed by the Bac Giang Industrial Zones Authority, the local media reported.

The establishment of the Yen Lu Industrial Park will raise the total number of industrial zones in the northern province of Bac Giang to eight.

In December 2021, the provincial government issued a decision on development of the Tan Hung Industrial Park covering 105.3 hectares of land in the Tan Hung and Xuong Lam communes, at a total cost of some VND1.2 trillion.

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