On January 10, information from the People's Committee of Nghe An province said that it had just issued Decision No. 439 to lease 118,252.3 square meters of land (phase 1) to Hoang Thinh Dat Joint Stock Company in Quynh Vinh commune, Hoang Mai town according to the progress of land acquisition, compensation, support and resettlement to implement the Hoang Mai II Industrial Park Infrastructure Construction Investment Project.
The land use period is 50 years from the date the project is approved for investment (until October 9, 2073). The State leases land and pays annual land rent. Of which: The area for construction of infrastructure for common use in the industrial park with an area of 5,047.5m2 of land (planned for specialized green land) is not required to pay land rent.
The land area for business purposes with an area of 113,205.8 m2 (planned land for industrial production and warehouses) is exempted from land rent during the basic construction period of 3 years from the date the Provincial People's Committee issues the Land Lease Decision and 11 years after the land rent exemption period of the basic construction period.
Nghe An Provincial People's Committee assigned the Department of Natural Resources and Environment to sign the Land Lease Contract, issue the Certificate of Land Use Rights and Ownership of Other Assets Attached to the Land; preside over and coordinate with relevant units to determine the boundary markers and hand over the land on the field to Hoang Thinh Dat Joint Stock Company according to regulations.
The provincial land registration office updates and corrects land databases and cadastral records according to the provisions of law.
Hoang Thinh Dat Joint Stock Company coordinates with relevant agencies to perform assigned tasks; pay land rent, fees, charges and other related financial obligations in accordance with the provisions of law; use land for the right purpose, area and boundary of the land; fully comply with the provisions of law on investment, construction, land, environmental protection and other relevant regulations.
Previously, in Decision No. 1164/QD-TTg dated October 9, 2023, the Prime Minister approved the investment policy of Hoang Mai II Industrial Park Project; at the same time, approved the investor as Hoang Thinh Dat Joint Stock Company.
Hoang Mai II Industrial Park has an area of 334.79 hectares in Quynh Vinh commune, Hoang Mai town; with a total investment capital of 1,900 billion VND, and an operating period of 50 years.
Hoang Thinh Dat Joint Stock Company is also the investor of Hoang Mai I Industrial Park, in Hoang Mai town, with a total area of 264.77 hectares and a total investment of 740 billion VND.
