Da Nang builds an industrial cluster worth 175 billion VND

Nguyễn Linh |

Da Nang - The City People's Committee has just approved the investment policy for the Tam My Tay Industrial Cluster Technical Infrastructure Project (Phase 2) with a total capital of 175 billion VND.

On January 11, according to information from the office of Da Nang City People's Committee, this locality has just issued a decision approving the investment policy, and at the same time approving the investor for the Tam My Tay Industrial Cluster Technical Infrastructure project (Phase 2) with a total investment of 175 billion VND.

The City People's Committee approved Quan Chau Infrastructure Co., Ltd. as the unit implementing this project. The enterprise has its headquarters in Tam My commune (formerly Nui Thanh district, Quang Nam province).

The project has a land use scale of up to 29,875 ha with the main goal of investing in construction and business of industrial cluster infrastructure. The main activities include: Real estate business, land use rights belonging to owners, users or renters; building houses not for living such as factories serving industrial production, parking lots and warehouses.

The total investment capital of the project is 175 billion VND. In which, the investor's contributed capital accounts for 43.75 billion VND, and the remaining 131.25 billion VND is capital mobilized from other legal sources. The operating term of the project is 50 years.

To ensure the project is implemented effectively and in accordance with regulations, the City People's Committee requests Quan Chau Infrastructure Co., Ltd. to strictly comply with regulations on environmental protection, fire prevention and fighting and ensure the committed progress.

In particular, during the construction process, the investor is responsible for preserving the landscape, not affecting the daily life of people in the surrounding area and making periodic reports on the project implementation situation to functional agencies.

The City People's Committee also assigned tasks to the Departments of Construction, Agriculture and Rural Development, Natural Resources and Environment, Industry and Trade and Tam My Commune People's Committee in guiding, supervising and supporting businesses to complete legal procedures.

The investment in technical infrastructure of Tam My Tay Industrial Cluster (Phase 2) is expected to create a clean land fund, attract secondary businesses to invest in production, contribute to economic restructuring and create jobs for local workers.

Nguyễn Linh
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