On the afternoon of May 9, the People's Committee of Bac Giang province announced the Decision approving the investment policy and approving the investor for the project "Investment in construction and business of infrastructure of Tien Son - Ninh Son Industrial Park (phase 1), Viet Yen town" invested by Ninh Son Technology Industrial Investment Joint Stock Company.
The above project has an area of 89.57 hectares, with a total investment of nearly 1,649 billion VND. The operating period is 50 years. The project implementation progress is 24 months, from the date of the decision on land allocation, land lease, and land use purpose conversion.
At the same time, the People's Committee of Bac Giang province also announced the decision approving the investment policy and approving the investor for the project "Phuong Son - Dai Lam Industrial Cluster" invested by Thanh Do Bac Giang Construction Joint Stock Company.
The Phuong Son - Dai Lam Industrial Cluster project has a land area of about 457.624m2, with a total investment of about more than 576 billion VND. The project's operation period is 50 years, starting from March 16, 2023.
The project is implemented in Phuong Son town, Luc Nam district and Dai Lam commune, Lang Giang district.
Chairman of the People's Committee of Bac Giang province Nguyen Viet Oanh congratulated Ninh Son Technology Industrial Investment Joint Stock Company and Thanh Do Bac Giang Construction Joint Stock Company on being awarded the Decision approving the investment policy and approving the investor.
In order for projects to be effectively implemented soon, maximizing their value in contributing to the socio-economic development of the province, the Chairman of the People's Committee of Bac Giang province requested departments, branches, units and localities to continue to accompany, guide and support investors to complete procedures after approving policies, ensuring compliance with legal regulations, and shortening project implementation time.
Located in the Northeast of Vietnam, Bac Giang province owns the adjacent "development triangle" of 3 major provinces and cities, Hanoi - Hai Phong - Quang Ninh; located on the Nam Ninh Economic Corridor (China) - Lang Son - Hanoi - Ho Chi Minh City - Moc Bai route.
According to the plan, by 2030, the whole Bac Giang province will have 29 industrial parks with a total area of 7,000 hectares.
To date, the Prime Minister has approved the establishment of 12 industrial parks in Bac Giang province with a total planning area of about 2,823 hectares.
Currently, Bac Giang's industrial parks attract 488 investment projects, including 373 FDI projects, 115 domestic direct investment projects (DDIs); the total converted investment capital reaches 10.6 billion USD.
