Deputy Prime Minister Tran Hong Ha has just signed and issued Decision No. 50/QD-TTg dated January 8, 2025 approving the investment policy of the Project on investment in construction and business of infrastructure of Yen Binh 3 Industrial Park, Thai Nguyen Province (project).
Accordingly, the investment policy was approved; at the same time, the project investor was approved as BMK Group Joint Stock Company.
The project has a scale of 295.34 hectares with a total investment capital of 4,139.39 billion VND, of which the investor's contributed capital is 620.9 billion VND.
The project is implemented in Diem Thuy and Nga My communes, Phu Binh district, Thai Nguyen province for a period of 50 years.
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.
Thai Nguyen Provincial People's Committee is responsible for the truthfulness and accuracy of the information, reported data and appraisal contents according to the provisions of law; ensuring that the project is included in the land allocation and zoning plan in the Thai Nguyen Provincial Planning for the period 2021-2030, with a vision to 2050 approved by competent authorities.
Organize the development and implementation of plans for land recovery, compensation, resettlement support, land use conversion, and land lease to implement projects in accordance with documents approved by competent authorities on project area, location, and progress; ensure that there are no disputes or complaints regarding the right to use the project site.
Thai Nguyen Provincial People's Committee is fully responsible before the Government and the law for changing the purpose of using rice-growing land and other types of agricultural land in the project implementation area according to the provisions of the law on land and regulations on management and use of rice-growing land.
In case there are public assets in the project implementation area, it is recommended to comply with the provisions of law on management and use of public assets, ensuring no loss of state assets.
Land allocation and lease for small, narrow plots of land managed by the State (if any) must ensure that they meet the criteria prescribed in Article 47 of Decree No. 102/2024/ND-CP of the Government detailing the implementation of a number of articles of the Land Law.
