HCMC – The Mekong Delta province of Long An will develop a new industrial park infrastructure project in Can Giuoc District at a total cost of over VND2.59 trillion.
Deputy Prime Minister Le Van Thanh has approved the development of infrastructure at the Nam Tan Tap industrial park covering over 244 hectares in Tan Lap Commune, the local media reported.
The project will operate within 50 years and be invested by the Saigontel Long An Company, which will contribute some VND440 billion to the total capital.
The Long An Economic Zone Management Board is responsible for giving the investor guidance on the process of the project and capital contribution. The investor will start work on the industrial park after the Ministry of Natural Resources and Environment approves the environmental impact assessment report for the project.
The provincial government will assume full responsibility for steps and procedures leasing the land use right to secondary investors.
The province is also in charge of offering solutions on the use of infrastructure at the industrial park for the infrastructure developer and secondary investors after the industrial park is put into operation.
The deputy prime minister told Long An Province to quickly take back land, pay compensation for affected families, handle site clearance issues and convert the land use purposes to implement the project.