The Deputy Prime Minister has approved in principle the investment policy and selected Vietnam Import-Export Investment Joint Stock Company (Thang Long JSC) as the investor for the project.
The project will be located in Xuan An town and Xuan Vien commune, Nghi Xuan district, Ha Tinh province, with a total area of 194.36 hectares.
The total investment capital for the project is VND 2,265,268 billion, of which the investor’s equity capital is VND 339,790 billion.
The project will have a duration of 50 years from the date of land lease by the State.
The Deputy Prime Minister requested the Ministry of Planning and Investment to take responsibility for the contents related to the appraisal of the project’s investment policy and to manage the industrial park in accordance with the Law on Investment and relevant laws.
Other relevant ministries and sectors are responsible for appraising the project’s investment policy within the scope of their functions and tasks, in accordance with the Law on Investment and relevant laws.
The Ha Tinh Provincial People’s Committee shall instruct the Management Board of Ha Tinh Economic Zone and relevant agencies to guide, inspect, and supervise the investor to implement the approved detailed planning of Gia Lach expanded industrial park; complete construction procedures in accordance with the Law on Construction; ensure that the project’s location and scale conform to the approved investment policy…
Thang Long JSC (the investor) is responsible for the legality, accuracy, and truthfulness of the project’s documents and submissions to state agencies; and for complying with relevant laws and regulations in implementing the project in accordance with this Decision.
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