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: Truong Thinh Pharmaceutical Investment Joint Stock Company. Head office address: Vo Cuong Industrial Cluster, Vo Cuong Ward, Bac Ninh Province.
Project name: Investment in the construction of Hong Phuc General Hospital and commercial services, accommodation hotels.
The project's objective is to invest in building new, synchronous and modern general hospitals, improve service quality and implement the policy of socializing medical activities, reducing patient overload for public hospitals. Invest in building commercial service hotels to serve the short-term accommodation needs of local people and temporary residents, staying from other localities.
Land use area: 2, 691.0 m2, in Vo Cuong ward, Bac Ninh province.
The project has a total capital of more than 222 billion VND. Project operating term: until October 20, 2059.
The project is expected to be accepted for completion and put into use: from the second quarter to the fourth quarter of 2026.
The decision clearly states that investors must commit not to take advantage of functional conversion for policy fraud, not to transfer or transfer projects against regulations, not to let state budget losses occur, not to cause disputes or lawsuits; fully fulfill financial obligations arising from land use purpose conversion.
In addition, in the process of project implementation, investors must fully comply with regulations on investment, land, construction, electricity, environmental protection, fire prevention and fighting, labor, insurance and other relevant legal regulations.
The decision also clearly states the responsibilities of relevant departments, branches, and localities in the project implementation, including: Department of Finance, Construction, Industry and Trade, Agriculture and Environment, Health, Provincial Police, Provincial Tax Department and Vo Cuong Ward People's Committee.
