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Investment policy approved to construct infrastructure and do business in Tan Hung industrial park

(BGO) – On November 23, the Prime Minister (PM) issued Decision No.1971/QD-TTg about the investment policy for the project to construct the infrastructure and do business at Tan Hung industrial park (Project) in Lang Giang district, Bac Giang province.

Particularly, PM accepted the investment policy and investor Lideco 1 Joint Stock Company (Hanoi) for the Project which targets to construct the infrastructure and do business in Tan Hung IP with the scale of 105.3 ha.

Investment policy, construct infrastructure, do business, Tan Hung industrial park, Bac Giang province, investor Lideco, approval certificate, established and operated industrial park

Illustrative image.

It is invested 1,185 billion VND (52.5 million USD), including 177.7 billion VND from investor and the remaining one from mobilization. The project is valid in 50 years since the investor receives the approval certificate for investment policy and investor.

The project is executed in Tan Hung and Xuong Lam communes (Lang Giang district) in 36 months.

PM ordered the provincial People’s Committee to ensure the correctness of reported information, data and content for verification as legal regulation, implement the project suitably to the approved plan, inspect the investor to define the qualification, ensure full occupancy condition of the established and operated industrial park…

Lideco 1 Joint Stock Company must secure to contribute the owner capital as the committed schedule in line with the legal regulation on land, change the purpose of field land to implement the project, make environmental impact assessment report to submit to the authority.

 

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