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Friday, June 21, 2024

New industrial parks in Long An, Thanh Hoa approved

The Saigon Times

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HCMC – Deputy Prime Minister Le Van Thanh has passed a plan to develop an industrial park in the Mekong Delta province of Long An and another in the northern province of Thanh Hoa.

The two industrial parks require a total infrastructure development investment of over VND12.3 trillion, the local media reported.

The Long An-based Tan Lap industrial park project will cover 654 hectares of land in Can Giuoc District’s Tan Lap Commune and need more than VND9.9 trillion for infrastructure development. Long An Development Invest JSC is the investor of the project.

The deputy prime minister tasked the Long An government with directing the Long An Economic Zone Management Board to ask the investor to implement the project in phases, with each covering an area of no more than 500 hectares.

The lifespan of the project will operate for 50 years, starting from March 18, while the construction must be completed within 60 months after the land is handed over.

The Dong Vang industrial park project in Thanh Hoa Province will cover an area of some 492 hectares in Tan Truong, Phu Lam and Tung Lam communes and Nghi Son Town.

Anh Phat Investment Construction-Trading JSC will act as the investor of the project, which requires over VND2.4 trillion.

The deputy prime minister ordered the Thanh Hoa government to speed up the land reclamation, compensation, site clearance and conversion of land use purpose processes to develop the project in line with the Land Law.

The Government has allowed the investment in the second phase of the Hoa Cam industrial park in Danang City. The project is set to cover 119 hectares of land in Cam Le and Hoa Vang districts.

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