On May 30, the People's Committee of Phu Yen province held a conference to award the Decision approving the investment policy and approving the investor of the investment project to build and operate infrastructure of Hoa Tam Industrial Park - Phase 1 and the investment project to build and operate infrastructure of Phu Yen High-Tech Industrial Park, in Nam Phu Yen Economic Zone.
The Hoa Tam Industrial Park Infrastructure Investment, Construction and Business Project - Phase 1 is invested by Hoa Tam Industrial Park Infrastructure Development Joint Stock Company, under Hoa Phat Group, with a scale of about 491.87 hectares and a total investment capital of VND 4,188 billion.
The project is invested in synchronous construction of infrastructure with the goal of serving the formation of Hoa Phat Iron and Steel Complex, with a capacity of 6 million tons/year, a total investment of about 100,000 billion VND, creating jobs for more than 24,000 workers and other supporting industries.
The project to invest in the construction and business of infrastructure of Phu Yen High-Tech Industrial Park is invested by N&G Group Joint Stock Company, with a scale of 251.6 hectares, with a total investment capital of VND 2,369 billion.
The project will invest synchronously in infrastructure to attract investment in high-tech industries, high-tech production support industries such as: Information and Communications Technology (ICT), pharmaceutical and biotechnology, environmental technology and renewable energy, artificial intelligence (AI) ... It is expected that when secondary projects come into operation, it will create jobs for more than 20,000 workers.
According to Mr. Le Tan Ho - Permanent Vice Chairman, Phu Yen Provincial People's Committee, these are extremely important projects, creating a foundation and high-prevention, opening up many new opportunities to continue attracting large-scale projects to Nam Phu Yen Economic Zone.
The two new projects of strategic investors implemented in the province are strong commitments of the province, concretizing the orientation of socio -economic development of Phu Yen province under the Resolution of the Provincial Party Congress for the term 2020-2025 and the planning of Phu Yen province to 2030, vision to 2050 has become one of the major industrial and seaport centers of the region.
The projects put into operation will be the core to promote breakthrough development of the industry and create a spillover effect for the development of the province's trade and service sectors. At the same time, it will create jobs for tens of thousands of workers.
Phu Yen provincial leaders requested the Phu Yen Economic Zone Management Board to proactively coordinate with relevant departments, branches, sectors and localities to actively implement assigned tasks so that investors can soon start projects.
For investors to continue to closely coordinate with authorities and localities to urgently complete the necessary procedures according to regulations, to soon start implementing projects on the occasion of the 80th anniversary of the National Day of the Socialist Republic of Vietnam on September 2, 2025.
