Hai Duong greenlights three new industrial clusters

Wednesday, Jun 23, 2021 07:05

The Dai An Industrial Zone in Hai Duong Province. — Photo baodautu.vn

The Hai Duong People's Committee has approved the establishment of three new industrial clusters with a combined investment capital of more than VND1.7 trillion (US$75 million).

The Quang Trung, That Hung and Binh Giang 1 industrial clusters are projected to cover a total area of ​​nearly 210ha.

Financed by the Ha Noi-based Hyosung Vietnam Real Estate JSC, the 74.5ha Quang Trung Industrial Cluster in Quang Thanh Commune has an investment capital of VND515 billion and the 75ha Binh Giang 1 Industrial Cluster in Nhan Quyen Commune will cost VND470 billion.

Meanhwhile, the 60ha That Hung Industrial Cluster in That Hung Commune, will be developed by Nha Viet HD Group JSC in Hai Duong City, with a total capital of more than VND756 billion.

The three industrial clusters aim to attract firms in several industries, including agricultural and food processing, handicrafts, mechanical engineering, consumer good production and supporting industries.

It is expected that these zones will be finished within 36 months from the date of the investment decision.

Secretary of the provincial Party Committee and Chairman of the provincial People’s Council Pham Xuan Thang told a recent meeting that Hai Duong always stood side by side with businesses and would create the best possible conditions for investors in industrial zone infrastructure to build facilities and attract secondary investors, generating economic benefits for businesses and the province.

The province is now home to 14 zones with a total area of 2,567ha. Among them, 11 have had their infrastructure completed with an average occupancy rate of 82 per cent. They are home to more than 300 projects from 21 countries and territories, including 235 foreign direct investment projects worth more than $4.7 billion and 64 Vietnamese projects worth $772 million.

Thang said apart from developing industrial zones, Hai Duong would also step up investment promotion, improve its business climate and competitiveness, and attract investment in a more selective manner. — VNS

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