On April 29, information from Ha Tinh Provincial People's Committee said that the unit has issued a decision approving the investment policy and approving the investor of the project to build and operate the infrastructure of Hung Long Industrial Park (old name: Industrial Park in the West of Ha Tinh city), with a total estimated capital of more than 3,018 billion VND.
The project is implemented in Toan Luu commune, with an area of more than 198ha, invested by Hung Long Vietnam Investment Joint Stock Company (headquartered in Bac Hong Linh ward). In which, the investor's contributed capital is more than 467.5 billion VND.
The project's objective is to build multi-industry concentrated industrial park infrastructure, prioritizing attracting secondary investors to the high-tech and environmentally friendly sector. Operating period of 50 years, implementation progress of no more than 24 months from the date of land handover.
The Provincial People's Committee assigned the Provincial Economic Zone Management Board to guide and supervise investors to properly implement planning, progress and legal regulations. Toan Luu Commune People's Committee is responsible for implementing compensation, support, resettlement and site clearance to accelerate project progress.