The People's Committee of Hung Yen province has just issued two decisions on the establishment of Bac Son 1 Industrial Cluster and Bac Son 2 Industrial Cluster, both located in Pham Ngu Lao commune, with a scale of about 75 hectares per cluster, to develop industrial infrastructure and attract investment according to the plan.
According to the decisions, Bac Son 1 Industrial Cluster and Bac Son 2 Industrial Cluster both have an area of about 75 hectares, planned on land in Pham Ngu Lao commune, Hung Yen province. Regarding the boundary, Bac Son 1 Industrial Cluster has a Northeast border with the provincial road DT387; a Southeast border with agricultural land, adjacent to the QHM06 planning road and the planning of Bac Son 2 Industrial Cluster; a Northwest border with the dike of Bac Hung Hai river and existing residential areas; a Southwest border with agricultural land and existing residential areas.
Bac Son 2 Industrial Cluster has a Northeast border with provincial road DT387 and existing residential areas; a Southeast border with agricultural land; a Northwest border with agricultural land, adjacent to the planning road QHM06 and the planning of Bac Son 1 Industrial Cluster; a Southwest border with agricultural land and existing residential areas.
Regarding the operating industry, both industrial clusters are oriented to develop light industry, including food production and processing; textiles; footwear; furniture; production of electronic components; pharmaceuticals; medical equipment; cosmetics. In addition, there are agricultural and forestry processing industries, handicraft production, beverages, biotechnology industry, mechanical engineering, automobile support industry, digital technology, automation, electrical equipment production, packaging and products from raw, unrecyclable plastic.
The two industrial clusters are also allowed to lease real estate for factories and offices; provide warehouse, packaging, transportation, repair, maintenance of machinery, industrial equipment and services directly serving local industrial production and handicrafts, with a total area of no more than 10% of the area of each industrial cluster.
The investor in the construction of technical infrastructure for both industrial clusters is ECOBA Hung Yen Industrial Infrastructure Investment Joint Stock Company.
The scale of investment in the construction of technical infrastructure for each cluster is synchronous investment on an area of about 75 hectares. The total estimated investment for each project is VND928 billion, of which the investor's contributed capital is VND250 billion (about 27%) and loans and mobilized capital are VND678 billion (about 73%).
The project implementation progress is 3 years from the date of the decision to establish the industrial cluster, including the investment preparation phase from the 1st month to the 8th month; the investment implementation phase from the 9th month to the end of the 36th month; and the investment completion phase, putting the project into operation from the 37th month.
