Hai Phong Is About to Have an Industrial Park With a Scale of 226 Hectares, Investment Capital of 3,551 Billion VND
Deputy Prime Minister Tran Hong Ha signed Decision No. 29/QD-TTg dated January 5, 2025 on investment policy of Vinh Quang industrial park infrastructure construction and business investment project (phase 1), Hai Phong city.
The decision clearly states: Approve the policy invest, and at the same time approve investors investing in construction and trading in infrastructure of Vinh Quang Industrial Park (phase 1), Hai Phong City is Idico Vinh Quang Joint Stock Company.
The project has an area of 226.01 hectares. The investment capital of the project is 3,550.804 billion VND, of which the Investor’s capital contribution is 536.178 billion VND. The project is implemented in Vinh Quang, Cong Hien, Thanh Luong communes, Vinh Bao district, Hai Phong City with an operating period of 50 years.
The Deputy Prime Minister requested the Ministry of Planning and Investment to be responsible for the assigned contents in appraising project investment policies and implementing state management of industrial parks in accordance with the provisions of investment law and legal regulations. relevant law. Relevant ministries are responsible for the content of project investment policy appraisal within their functions and tasks according to the provisions of investment law 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; receive opinions from ministries; ensure the project is within the land allocation and zoning plan in Hai Phong City Planning approved by competent authorities according to the provisions of planning and land laws; be allocated enough industrial park land targets to implement according to the approved schedule; manage and use the remaining planned area of Vinh Quang Industrial Park (123.99 hectares) in accordance with the provisions of law on planning, management of industrial parks, land and other relevant laws. Implementing investment procedures for the remaining area of Vinh Quang Industrial Park is carried out in accordance with the provisions of law in effect at the time of implementing investment procedures…
Idico Vinh Quang Joint Stock Company (investor) is responsible before the law for the legality, accuracy, and truthfulness of the content of project documents and documents sent to competent state agencies; Comply with legal regulations in project implementation according to approved planning and investment policies; Invest in the construction of Vinh Quang Industrial Park infrastructure system (phase 1) according to the construction zoning plan approved by competent authorities.
