Bac Ninh Provincial People's Committee has just issued a decision approving the investment policy and also approving the investor.
Accordingly, the investor's name is LSH Logistics Joint Stock Company.
Headquarters address: Lot B17 Ngoc Han Cong Chua street, Vo Cuong ward, Bac Ninh city, Bac Ninh province (now: Lot B17 Ngoc Han Cong Chua street, Vo Cuong ward, Bac Ninh province).
Project name: Investment in the construction of a dry port and logistics service area in Phong Khe ward, Bac Ninh city and Dong Phong commune, Yen Phong district, Bac Ninh province (now Vo Cuong ward and Tam Da commune, Bac Ninh province).
Total investment capital of the project: 4,644,060,,000,000 VND (Four thousand six hundred and forty-four billion, no hundred and sixty million VND). Of which, the investor's contributed capital is 696,609,,000,000 VND (Six hundred and ninety-six billion, six hundred and ninety million VND), equivalent to 15% of the total investment capital of the project. The rest is borrowed capital, other legally mobilized capital.
The operating term of the project is 50 years from the date the investor is granted the Investment Policy Approval Decision concurrently with the investor approval.
The decision clearly states the responsibilities of relevant departments, branches, localities and investors in project implementation.
In which, it is emphasized that LSH Logistics Joint Stock Company must meet the financial safety ratios of the enterprise; comply with the provisions of law on credit, corporate bonds, and meet the conditions for real estate business organizations according to the provisions of the Law on Real Estate Business and other relevant legal regulations...
According to the reporter's investigation, the dry port and logistics service area in Vo Cuong ward and Tam Da commune was approved for detailed planning by Bac Ninh province from April 2021 with a total area of about 94.53 ha.
In which, to implement the project, the total area recovered according to the plan in Vo Cuong ward (Bac Ninh province) is more than 86.7 ha.
From the beginning of January 2025 to the end of February 2026, the locality has approved compensation and support plans 6 times for more than 82.8 hectares, reaching more than 90% of the area to be recovered.
The transformation of the entire Phong Khe paper craft village (Vo Cuong ward) into a dry port and logistics service area is considered a definitive solution to the environmental pollution situation here, which has existed for decades.
