New industrial park to be constructed in Bắc Giang

Jan 6th at 14:15
06-01-2025 14:15:40+07:00

New industrial park to be constructed in Bắc Giang

The project to build and operate the infrastructure of Xuân Cẩm - Hương Lâm Industrial Park Phase 1 covers an area of 102.85 hectares and is located in Hiệp Hòa district, in Bắc Giang province.

Workers on the assembly lines at an industrial park. — VNA/VNS Photo

The government has approved the investment policy for the project to build and operate the Xuân Cẩm - Hương Lâm Industrial Park Phase 1 in Bắc Giang province.

The investor is S-Dragon Infrastructure Investment Corporation. The project covers 102.85 hectares and is located in Xuân Cẩm and Hương Lâm communes, Hiệp Hòa district. 

The total investment capital amounts to VNĐ1.47 trillion (US$57.8 million), of which the investor’s equity contribution is VNĐ234.8 billion. 

This project's operating term is 50 years, starting from the date a decision is issued on the land allocation, lease, or land use purpose conversion. 

The Ministry of Planning and Investment is responsible for approving a plan for implementing the project's investment and overseeing the state management of the industrial park in compliance with investment laws. 

Meanwhile, the Ministry of Natural Resources and Environment is tasked with evaluating the project's environmental impact assessment report, focusing on the wastewater management of Xuân Cẩm - Hương Lâm Industrial Park and the investor’s environmental protection measures during project implementation. It aims to prevent any adverse impacts on the Cầu River's water sources.

The People's Committee of Bắc Giang Province is responsible for land recovery, compensation, support, resettlement and land-use conversion for the project. 

They are also required to supplement for any loss of rice-growing land or enhance the efficiency of rice land usage following Clause 4, Article 182 of the Land Law.

The Provincial People's Committee also directed the Provincial Industrial Park Management Board and relevant agencies to monitor and supervise the project implementation process. 

Bizhub





NEWS SAME CATEGORY

HCM City office market sees highest absorption in a decade

HCM City’s office market has achieved rapid growth fuelled by steady demand and burgeoning supply, reinforcing the city’s status as a premier destination for both...

Even high earners struggle to afford to buy homes due to the current price surge

According to VARS' most recent report, based on data from the General Statistics Office’s (GSO) 2023 Residential Living Standards Survey, housing affordability in...

Authorities vow to iron out persistent delays

Long-standing legal problems are being resolved in various localities so that major real estate projects can end their delays and jobs can be created.

North’s industrial property impresses

Industrial real estate in the northern region, which attracts high-value manufacturing due to widespread availability of land along with reasonable rentals, is...

Real estate set to maintain recovery in 2025

The real estate market is expected to continue its recovery in 2025, thanks to an increase in foreign capital, new legal policies, and stable demand across the...

​$1.7bn to be poured into infrastructure, property projects in Vietnam’s Binh Duong

The People's Committee of Binh Duong Province, just outside Ho Chi Minh City, on Thursday held a ceremony to grant investment approvals and registration...

Country keeps pace with modern industrial property

The industrial real estate market saw increased backing by domestic and foreign investors this past year, creating the foundations for a strong 12 months ahead.

​Retail space lease in Hanoi seen hitting the wall

Many prime retail spaces in Hanoi remain vacant despite being up for lease, a surprising trend during the year-end season typically marked by bustling shopping and...

Government faces hurdles in push for one million social housing units

A severe shortfall in the construction of social housing has underscored the urgent need for robust policies to stimulate business involvement and expedite land...

Condotels at the Ocean Resort Quy Nhon by Fusion handed over

These are housed within two towers spanning over an area of one hectare, offering 80 units, ranging from studios and three-bedroom residences, to duplexes.

Real estate stocks

Construction stocks


MOST READ


Back To Top