According to the decision, the People's Committee of Nam Dinh province approved the investor of the Hong Tien Industrial Park Infrastructure Investment, Construction and Business Project, Nam Dinh province, as Hong Tien Industrial Park Infrastructure Investment Joint Stock Company.
The project's objective is to invest in the construction and business of industrial park infrastructure, a type of industrial park specializing in the assembly of electronics, computers and optical products.
The total investment capital of the project is more than 1,400 billion VND. The land use scale of the project is about 113.89 hectares, in Yen Tien commune, district of Y Yen, Nam Dinh province.
The project's operation period is 50 years; the project implementation progress is not more than 24 months from the date of land lease.
The Provincial Industrial Park Management Board guides Investors to specify the project implementation progress, noting that the investor's equity contribution progress to implement the project must ensure compliance with relevant legal regulations.