Investing 8,094 billion VND in industrial park in Hai Phong

PHẠM ĐÔNG |

The Government approved the investment policy of Trang Due 3 Industrial Park project (Hai Phong) with a scale of 652.73 hectares and investment capital of 8,094.4 billion VND.

Deputy Prime Minister Tran Hong Ha has just signed and issued Decision No. 86/QD-TTg dated January 14, 2025 on the investment policy for the project to invest in construction and business of infrastructure of Trang Due 3 Industrial Park, Hai Phong City (project).

The decision clearly states that the investment policy is approved; at the same time, the project investor is approved as Saigon - Hai Phong Industrial Park Joint Stock Company.

The project scale is 652.73ha. The project is implemented in Truong Tho, Truong Thanh, An Tien, Bat Trang communes, An Lao district, Hai Phong with an investment capital of 8,094.4 billion VND.

The Deputy Prime Minister requested the Ministry of Planning and Investment to take responsibility for the assigned contents of project investment policy appraisal and to perform state management of industrial parks in accordance with the provisions of the law on investment and relevant laws.

Relevant Ministries are responsible for the content of project investment policy appraisal within their functions and tasks according to the provisions of the law on investment and relevant laws.

Hai Phong City People's Committee is responsible for the truthfulness and accuracy of information, reported data and appraisal contents according to the provisions of law; receiving opinions from the Ministries.

Organize the development and implementation of plans for land recovery, compensation, support, resettlement, conversion of land use purposes, and land lease to implement projects in accordance with the provisions of land law and law.

Ensure that there are no disputes or complaints regarding the right to use the project site; supplement the lost area of ​​land for rice cultivation or increase the efficiency of rice land use according to regulations.

Hai Phong City People's Committee requires investors during the project implementation process if they discover minerals with higher value than minerals used as common construction materials, they must report to competent state agencies for settlement according to the provisions of the law on minerals.

Comply with the provisions of the Law on Environmental Protection, the Law on Dikes, the Law on Irrigation, the Law on Water Resources, the Law on Natural Disaster Prevention and Control and other relevant legal provisions, ensuring that the project implementation does not affect the safety of the dike, the management and operation of the irrigation system and drainage, and does not cause flooding in the surrounding area.

Coordinate in compensation, support, resettlement and investment in construction of workers' housing, service works and public utilities for workers working in industrial parks.

Hai Phong City People's Committee checks and determines that investors meet the conditions for land lease by the State and permission to change land use purpose at the time of land lease and permission to change land use purpose.

Closely monitor project implementation progress, the use of equity capital as committed to implement the project, and the satisfaction of all conditions for organizations when doing real estate business as prescribed.

PHẠM ĐÔNG
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