The People's Committee of the northern province of Ha Nam province said that it had granted a decision on investment guidelines for two projects, worth nearly VND5 trillion (US$214.6 million). — Photo hanam.gov.vn

The People's Committee of the northern province of Ha Nam province said that it had granted a decision on investment guidelines for two projects, worth nearly VND5 trillion (US$214.6 million)

The projects are Yen Lenh Ha Nam port cluster and Hong Duc automobile assembly and manufacturing factory.

The Yen Lenh Ha Nam project is invested by Ha Nam International Port Corporation, covering an area of ​​nearly 63 hectares with a total investment of VND2.6 trillion.

The port has a function of an inland waterway port, providing logistics and a multimodal transport.

The car manufacturing and assembling project is located in Duy Tien town, invested by Hong Duc Automobile Manufacturing Industry JSC.

The factory covers an area of ​​nearly 22 hectares with a total investment of over VND2.3 trillion.

The project's goal is to produce and assemble cars with up to nine seats, provide maintenance and repair services for automobiles and other motor vehicles. — VNS