As reported by Lao Dong on December 28, Deputy Prime Minister Tran Hong Ha has just signed Decision No. 1679/QD-TTg on the investment policy of the Project to invest in construction and business of infrastructure of Xuan Cam - Huong Lam Industrial Park, Phase 1, Bac Giang province.
Accordingly, the Deputy Prime Minister approved the investment policy for the project to invest in construction and business of infrastructure of Xuan Cam - Huong Lam Industrial Park, phase 1. The project area is 102.85 hectares; the implementation location is in Xuan Cam and Huong Lam communes, Hiep Hoa district, Bac Giang province; the investment capital is 1,467.5 billion VND, of which the investor's contributed capital is 234.8 billion VND.
The project's operating period is 50 years from the date of decision on land allocation, land lease, and land use purpose change.
According to the decision, the Deputy Prime Minister also approved the investor as S-Dragon Infrastructure Investment Joint Stock Company.
In Decision No. 1679/QD-TTg, Deputy Prime Minister Tran Hong Ha requested the People's Committee of Bac Giang province to closely monitor investors in complying with the provisions of the law on environmental protection during the process of construction, operation and investment attraction in industrial parks, ensuring no impact on the Cau River water source;
Ensure that the use of water and discharge of wastewater into water sources of the Project comply with the provisions of the law on environmental protection and the law on water resources; attract investment projects using modern, environmentally friendly technology, less labor and resource intensive; ensure a safe distance between Xuan Cam - Huong Lam Industrial Park (phase 1) and the surrounding area.
Notably, the investor, S-Dragon Infrastructure Investment Joint Stock Company (investor), is responsible before the law for the legality, accuracy and honesty of the contents of the project dossier and documents sent to competent state agencies; comply with the provisions of law in implementing the project according to this decision;
Carry out investment in the construction of infrastructure systems according to the construction planning of Xuan Cam - Huong Lam industrial park approved by competent authorities; bear all risks, costs and take full responsibility according to the provisions of Article 47 and Article 48 of the Investment Law in case of violation of the provisions of the law on investment and other provisions of the law on land.
At the same time, S-Dragon Infrastructure Investment Joint Stock Company is responsible for paying a sum of money to the State to supplement the lost rice-growing land area or increase the efficiency of rice-growing land use according to the provisions of Point b, Clause 4, Article 182 of the Land Law and Article 12 of Decree No. 112/2024/ND-CP dated September 11, 2024 of the Government detailing rice-growing land.
Investors are also required to fully implement environmental protection procedures as prescribed; deposit or have a bank guarantee for deposit obligations to ensure project implementation.
