Government gives in principle approval to industrial park projects

Tuesday, Mar 02, 2021 18:49

The production line of Padmac Vietnam Garment Company in Bao Minh industrial zone, Vu Ban District, Nam Dinh Province. The Prime Minister has approved the construction of an industrial park in the same district. — Photo

The Government has given the green light to a number of industrial park projects in the central province of Nghe An and the northern provinces of Nam Dinh and Vinh Phuc.

The Hoang Mai 1 Industrial Park project in Hoang Mai township in Nghe An received in principle approval under Decision No 276/QD-TTg and will have a duration of 50 years.

Located in the Southeast Nghe An Economic Zone, the project covers 264.77 ha and has total investment of VND750 billion (US$32.4 million).

In other decisions, Prime Minister Nguyen Xuan Phuc approved in principle the construction and trading of infrastructure at the My Thuan Industrial Park in My Loc and Vu Ban districts in Nam Dinh and the Thai Hoa-Lien Son-Lien Hoa Industrial Park (first phase) in Lap Thach District in Vinh Phuc.

My Thuan will cover 158.48 ha and have total investment of over VND1.6 trillion ($69.19 million), while Thai Hoa-Lien Son-Lien Hoa will sit on 145.27ha and have total capital of VND774.82 billion ($33.5 million). — VNS

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