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Hoa Phu Industrial Park to be operated in second quarter

(BGO) – Hoa Phu Industrial Park (IP) invested by Hoa Phu Invest Company Limited covers more than 207 hectares of lands in the communes of Chau Minh, Mai Dinh and Huong Lam (in Hiep Hoa district, Bac Giang province). 

The project key items include investment in the construction and business of the IP infrastructure as well as factory construction for lease. It is totally invested of about 1,933 billion VND ( over 83.3 million USD) and divided into three stages.

Hoa Phu Industrial Park, second quarter, Bac Giang province, project key items, construction and business, infrastructure construction

The provincial leader speaks at the ceremony to announce the decision of Hoa Phu IP establishment.

The investor has coordinated with the competent agencies to clear more than 106 hectares of land and compensate nearly 233 billion VND (over 10 million USD) to the people.

Additionally, more than 460 billion VND (19.8 million USD) was spent on levelling over 70 hectares of land, constructing 7 standard roads with a total length of over 5 kilometres…

In the upcoming time, the investor will focus on land clearing work and infrastructure construction in order to put the project’s first stage with a scale of 100 hectares into operation in quarter II this year.

Bac Ninh industrial parks play significant role in local economy
Industrial parks of the northern province of Bac Ninh have made up 70 percent of industrial production value, over 90 percent of exports and 51.7 percent of budget collection of the locality.
 
Increasing power capability in Quang Chau Industrial Park
(BGO) – According to Bac Giang Power Company, the Northern Power Corporation has invested 40 billion VND (1.7 million USD) to additionally install and put the T2 transformer with the capability of 63,000 KVA in operation at the Quang Chau Substation 110kV.
 
Provincial leader’s field trip for Industrial Park planning
(BGO) – The Chairman of the Bac Giang provincial People’s Committee (PPC) Nguyen Van Linh on July 12 paid a field trip to several locations, helping orient the development of the local Industrial Parks (IP). He was accompanied by Vice Chairman of the PPC Duong Van Thai; Head of the Management Board of provincial IPs; leaders of the Departments of Planning and Investment, Industry and Trade as well as the provincial People’s Committee’s Office. 
 
Bac Giang accelerates investment in Industrial Parks
(BGO) - Vice Chairman of Bac Giang provincial People’s Committee (PPC) Duong Van Thai had a working session on 18 June with the provincial Industrial Zones Authority (IZA), leaders of some provincial departments, sectors, localities and infrastructure investors on situations of infrastructure investment and industrial parks (IPs) management in Bac Giang province. 
 
Bac Giang attracts 26 investment projects in industrial parks
(BGO)- In the first 6 months of 2018, Bac Giang province attracted 22 investment projects in industrial parks (IPs) including 1 domestic direct investment (DDI)  and 25 foreign direct investment (FDI) projects with the total registered capital of 10 billion VND (440,000 USD) and 106.3 million USD respectively. 
 

Quoc Phuong

Hoa Phu Industrial Park, second quarter, Bac Giang province, project key items, construction and business, infrastructure construction
 
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