Da Nang has just approved Thanh Binh Phu My Joint Stock Company (Ba Ria - Vung Tau) to invest more than 6,200 billion VND in the project to build and operate infrastructure in Hoa Ninh Industrial Park, Hoa Vang District. This decision was signed by Chairman of Da Nang People's Committee, Mr. Le Trung Chinh on February 12.
Hoa Ninh Industrial Park is expected to become one of the modern and key industrial parks of Da Nang, contributing to attracting investment, creating jobs and promoting economic growth. This project is also part of the city's strategy to develop high-tech, environmentally friendly industrial parks.
According to the decision, Thanh Binh Phu My Company will contribute more than VND930 billion and mobilize nearly VND5,300 billion within 5 years from the date of approval of the investment policy. The capital contribution will be made in cash according to the investment progress. The project is deployed on a large area of land in Hoa Vang district, with the construction and operation time not exceeding 42 months after the land is handed over. The operating period of the industrial park is 50 years.
Hoa Ninh Industrial Park is one of three new industrial parks that Da Nang is focusing on developing. The project's goal is to build a clean industrial park, applying modern and advanced technology, minimizing the impact on the environment. At the same time, Hoa Ninh Industrial Park will also be synchronously connected with the traffic infrastructure system and other industrial parks in the city, forming a modern and effective industrial production network.
