Hung Yen establishes Dong Do Industrial Cluster, investment capital of more than 599 billion VND

Mai Hương |

Hung Yen - Hung Yen Provincial People's Committee decided to establish Dong Do Industrial Cluster in Than Khe commune, with a scale of nearly 51 hectares and a total estimated investment of more than 599 billion VND.

Hung Yen Provincial People's Committee has just issued a decision to establish Dong Do Industrial Cluster in Than Khe commune with a scale of about 50.86 ha, with a total estimated investment of 599.08 billion VND.

According to the decision, the industrial cluster is planned on land in Than Khe commune. The North borders provincial road DT. 468, the remaining sides border agricultural land and existing residential land.

This is a multi-sector industrial cluster, oriented to attract high-tech and processing and manufacturing industries. Including research, chip and semiconductor material production; production and processing of mechanical, electrical, electronic, telecommunications equipment, electrical energy; production of machinery serving agriculture and forestry; processing of agricultural and forestry products; production of consumer goods and construction of factories for lease for projects suitable to the development orientation of the industrial cluster.

The investor of technical infrastructure construction is Dong Do Industrial Cluster Construction Investment Joint Stock Company. The project will invest in synchronous technical infrastructure system on the entire planned area.

The total estimated investment of the project is 599.08 billion VND, of which equity is 120 billion VND, accounting for about 20.03% of the total investment capital; the remaining 479.08 billion VND is mobilized from other legal capital sources.

According to the plan, the project will be implemented in many phases. In the first 5 months from the date of establishment, the detailed construction planning at a scale of 1/500 will be completed and approved. From the 6th to the 8th month, the investment project will be prepared and approved.

Compensation, site clearance, land allocation or land lease are expected to be carried out from the 9th month to the end of the 18th month. The phase from the 19th month to the 30th month will construct and complete the technical infrastructure system to put the industrial cluster into operation from the 30th month. The operating term of the industrial cluster is 50 years from the date of establishment decision.

Hung Yen Provincial People's Committee requests the investor to implement the project in accordance with the law on investment, construction, land, and environment; ensure sufficient financial capacity, implement the committed progress and advance funds to serve site clearance work.

At the same time, the investor must develop a plan and roadmap for project implementation and investment attraction; organize the provision and management of public services and utilities in the industrial cluster according to regulations.

The Department of Industry and Trade is assigned to be the focal point to advise the Provincial People's Committee on implementing state management of industrial clusters; to preside over monitoring the project implementation progress and site clearance work, and to promptly advise and direct the removal of difficulties and obstacles.

The People's Committee of Than Khe commune is responsible for presiding over the implementation of compensation, support, site clearance and land recovery according to the schedule. Within 30 days from the date the decision takes effect, the locality must coordinate with the investor to develop a detailed plan on the progress of site clearance monthly and quarterly to report to the Provincial People's Committee for monitoring and direction.

Mai Hương
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