Government gives in principle approval to industrial park projects

The production line of Padmac Vietnam Garment Company in Bảo Minh industrial zone, Vụ Bản District, Nam Định Province. The Prime Minister has approved the construction of an industrial park in the same district. — Photo nhandan.com.vn

HÀ NỘI  — The Government has given the green light to a number of industrial park projects in the central province of Nghệ An and the northern provinces of Nam Định and Vĩnh Phúc.

The Hoàng Mai 1 Industrial Park project in Hoàng Mai township in Nghệ An received in principle approval under Decision No 276/QD-TTg and will have a duration of 50 years.

Located in the Southeast Nghệ An Economic Zone, the project covers 264.77 ha and has total investment of VNĐ750 billion (US$32.4 million).

In other decisions, Prime Minister Nguyễn Xuân Phúc approved in principle the construction and trading of infrastructure at the Mỹ Thuận Industrial Park in Mỹ Lộc and Vụ Bản districts in Nam Định and the Thái Hòa-Liễn Sơn-Liên Hòa Industrial Park (first phase) in Lập Thạch District in Vĩnh Phúc.

Mỹ Thuận will cover 158.48 ha and have total investment of over VNĐ1.6 trillion ($69.19 million), while Thái Hòa-Liễn Sơn-Liên Hòa will sit on 145.27ha and have total capital of VNĐ774.82 billion ($33.5 million). — VNS