The People's Committee of Hung Yen province has just issued a Decision on the establishment of Minh Hai 2 Industrial Cluster in Lac Dao commune, Hung Yen province, to specify the orientation for developing local industry and handicrafts according to the approved plan.
According to the Decision, Minh Hai 2 Industrial Cluster has an area of 64.66 hectares, located on land in Lac Dao commune. Regarding the boundary, the East of the industrial cluster borders Tu A river and the North-South economic axis road; the West borders Minh Hai 1 Industrial Cluster; the South borders the planned road; the North borders Dai Dong Waste Treatment Plant and cultivated land.
Minh Hai 2 Industrial Cluster is oriented to attract main operating industries including: development of household appliances; mechanical engineering, assembly; electronics, refrigeration, in line with the orientation of developing clean industry and supporting industry in the province.
The investor in the construction of technical infrastructure of Minh Hai 2 Industrial Cluster is Kim Long Infrastructure Investment Joint Stock Company. The scale of investment in the construction of technical infrastructure of Minh Hai 2 Industrial Cluster is synchronous investment on the entire area of about 64.66 hectares. The total estimated investment of the project is 846,022,613,000 VND. Of which, the investor's equity capital is 130 billion VND, accounting for about 15.3% of the total investment; capital mobilized from other legal sources is 716,022,613,000 VND, accounting for about 84.7%.
The project implementation progress is determined to be 2 years from the effective date of the Decision to establish the industrial cluster. Specifically, the investment preparation period lasts from January to the 9th month; the investment implementation period is from the 10th month to the end of the 24th month; the project management and exploitation period starts from the 25th month.
According to the Decision, investors in the construction and business of technical infrastructure of Minh Hai 2 Industrial Cluster and organizations and individuals operating in the industrial cluster are entitled to incentives and investment support according to the provisions of the Investment Law, Land Law, Decree No. 32/2024/ND-CP and related legal provisions.
The People's Committee of Hung Yen province also clearly assigned the responsibility to the investor and related departments, branches and localities in implementing the project, ensuring compliance with current legal regulations.
