Deputy Prime Minister Le Minh Khai on March 7 signed Decision No. 225/QD-TTg approving the investment policy for the phase 2 construction of infrastructure in Song Cong II Industrial Park in Thai Nguyen Province. The investor for the project is Viglacera Thai Nguyen Joint Stock Company.
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| A corner of the Song Cong II industrial park. |
According to the plan, the project will be implemented in two zones: Zone 1 with an area of 175.52 hectares, situated within the administrative boundaries of Tan Quang commune and part of Ba Xuyen commune; Zone 2 spans 120.72 hectares, located within the administrative boundaries of Ba Xuyen commune and part of Tan Quang commune. The total investment capital for the project is 3,985.47 billion VND, of which the investor's contribution is 597.82 billion VND; the implementation period shall not exceed 36 months from the date the state allocates the land.
The decision specifies that the Ministry of Planning and Investment is responsible for reviewing the investment policy of the project and implementing state management of the industrial park in accordance with the Investment Law and relevant laws.
The People's Committee of Thai Nguyen Province ensures the accuracy of information and report figures; takes into account the opinions of ministries and branches; and adheres to regulations on compensation, support, and resettlement when the state reclaims land.
Thai Nguyen Provincial People's Committee directs the Management Board of the provincial industrial parks and relevant agencies to inspect and supervise the investor's commitments regarding the assurance of infrastructure investment conditions in accordance with regulations.
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