Bac Ninh eyes $123 million IP
Bac Ninh eyes $123 million IP
Prime Minister Nguyen Xuan Phuc has approved investment intention in a project on infrastructure development at the Thuan Thanh I Industrial Park in northern Bac Ninh Province.The project covers a total area of some 250ha in Ninh Xa, Tram Lo and Nghia Dao communes of Thuan Thanh District, with total investment of VND2.84 trillion (over US$123 million), of which VND859.73 billion comes from its investor – Viglacera Corporation.
The construction is scheduled to last for 36 months from the land hand-over, and the project is set to operate for 50 years from February 17, 2021.
The PM required the provincial People’s Committee to ensure the accuracy of information and data reported, and carry out land reclamation, site clearance, compensation and land lease in line with approved documents.
The construction must comply with the detailed planning scheme that has been approved, he said, stressing that the committee needs to instruct the management board of industrial parks in Bac Ninh and relevant agencies to supervise and assess the implementation of the project.
The PM also highlighted the building of houses, and social, cultural and sport facilities for labourers in the industrial park, as well as employment and vocational training support to local residents who have to relocate to make way for the project.
