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Sunday, July 14, 2024

New industrial park in Dong Nai gets nod

By T.B

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HCMC – The prime minister has given in-principle approval for a project to construct Long Duc 3 Industrial Park in Dong Nai Province, with an investment of VND1,800 billion.

The Long Duc 3 Industrial Park infrastructure development project, invested by the Long Duc 3 Industrial Park Joint Stock Company, has received Government approval through Decision 842 signed by Deputy Prime Minister Le Minh Khai on July 14, according to the Government news site at baochinhphu.vn.

The project is situated in Long Duc Commune, Long Thanh District, Dong Nai Province, covering an area of 244.5 hectares.

Infrastructure development of the 50-year project will be completed within 36 months from the time the land is handed over by the authority.

Dong Nai authorities will inspect and determine the investor’s eligibility for land lease from the Government, and allow land use purpose conversion for project implementation.

Dong Nai will prepare and approve the subdivision plan for the construction of Long Duc 3 Industrial Park, ensuring a synchronized and modern infrastructure system.

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