Nghe An has an additional 1,200 billion VND industrial park infrastructure project

QUANG ĐẠI |

Nghe An – WHA Industrial Zone 2 project (in Nam Cam D Industrial Park) has an investment capital of 1,200 billion VND.

The Prime Minister has just issued Decision No. 1706/QD-TTg approving the investment policy of the WHA Industrial Zone 2 - Nghe An project (in Nam Cam D Industrial Park).

The investor is WHA Industrial Zone Nghe An Joint Stock Company. The project area is 183.37 hectares. The project is located in Nghi Hung and Nghi Dong communes, Nghi Loc district (Nghe An). The project has an investment capital of 1,200 billion VND, of which the investor's capital contribution is 216 billion VND.

The project's objective is to develop industrial park infrastructure to create clean land and synchronous infrastructure to attract secondary projects for investment, production and business activities.

The Ministry of Planning and Investment is responsible for the assigned contents of project investment policy appraisal and state management of industrial zones in accordance with the provisions of the law on investment and relevant laws.

Relevant ministries are responsible for the content of project investment policy appraisal within their functions and tasks according to the provisions of the law on investment and relevant laws.

Nghe An Provincial People's Committee shall organize the development and implementation of plans for land recovery, compensation, support, resettlement, conversion of land use purposes, and land lease to implement the project in accordance with documents approved by competent authorities on the scale, area, location, and progress of project implementation; direct the adjustment of the zoning plan for industrial park construction in case the land use structure of the project changes compared to the approved plan.

Ensure that the project's location and area scale are consistent with the project's investment policy approved by competent authorities; the project's land use structure and environmental safety distance comply with national technical regulations on construction planning and other relevant legal regulations.

WHA Industrial Zone Nghe An Joint Stock Company (investor) is responsible before the law for the legality, accuracy and honesty of the project dossier content and documents sent to competent state agencies and to implement the project according to regulations.

Previously, WHA Industrial Zone Nghe An Joint Stock Company was the investor of the WHA Industrial Zone 1 - Nghe An project with a scale of 498 hectares, approved by the Prime Minister in Decision No. 681/QD-TTg dated May 22, 2017 and adjusted the approval of the investment policy in Decision No. 360/QD-TTg dated February 15, 2021.

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