On November 28th, Deputy Prime Minister Tran Hong Ha signed Decision No. 1479/QD-TTg on the investment policy for the construction and infrastructure development of the Xuan Que – Song Nhan Industrial Park (phase 1) in Dong Nai province.
Illustrative image – Source: VGP
Accordingly, the Deputy Prime Minister approved the investment policy and the investor for the project, which is Xuan Que Joint Stock Industrial Park Company. The project has a scale of 1,000 hectares and a duration of 50 years from the date of approval of the investment policy and investor.
The provincial People’s Committee of Dong Nai directs the Management Board of Industrial Parks of Dong Nai province to instruct the investor to review, calculate and determine the total investment capital for the Xuan Que – Song Nhan Industrial Park (phase 1).
Regarding the location of the project, based on the proposed location by the investor, the Deputy Prime Minister assigned the People’s Committee of Dong Nai province to determine the specific position and boundaries of the Xuan Que – Song Nhan Industrial Park (phase 1) within the approved planning area for the Xuan Que – Song Nhan Industrial Park, as per the master plan of Dong Nai province and the approved construction plan for the Xuan Que – Song Nhan Industrial Park.
Ensure that the construction of the industrial park does not affect the implementation of transportation routes
The People’s Committee of Dong Nai province is responsible for the accuracy and truthfulness of the reported information and the content of the appraisal in accordance with the law. They are also responsible for ensuring that the project implementation aligns with the approved planning, and for compiling and ensuring that the project is allocated sufficient industrial land indicators to carry out the approved progress within the framework of the land allocation and zoning plan in the Dong Nai provincial plan.
The People’s Committee of Dong Nai shall organize the establishment and approval of the master plan for construction of the Xuan Que – Song Nhan Industrial Park, and instruct relevant agencies to coordinate with competent authorities to determine the routes and directions of the transport system within the project area. This ensures that the construction of the industrial park does not affect the implementation of transportation routes; in case of any difficulties, they must promptly report to the competent authorities for adjustment of the boundaries of the Xuan Que – Song Nhan Industrial Park (phase 1) accordingly.
Support employment and vocational training for affected workers
The People’s Committee of Dong Nai directs the Management Board of Industrial Parks and relevant agencies to monitor and evaluate the investor’s implementation of the Xuan Que – Song Nhan Industrial Park (phase 1), including the contribution of sufficient and timely capital by the investor in accordance with the law. They shall also monitor the contribution of capital, purchase of shares, contribution of capital, and transfer of projects, as well as the use of land for project implementation, ensuring that the project aims to promote socio-economic development for the national and public interest.
Provide support to the investor in attracting investment projects to form linked industries in accordance with the regulations, and contribute to the implementation of the master plan for the Southeast region and the approved Dong Nai provincial plan.
At the same time, coordinate with the investor to deploy compensation and site clearance plans in accordance with the law, and implement solutions related to the lives of workers in the industrial park, including the construction of housing, social, cultural and sports works for workers; support employment and vocational training for workers of the Dong Nai Rubber Corporation who are affected in their employment; carry out land recovery in accordance with the progress of project implementation and investment attraction.
The investor must make contributions to the owner’s equity to implement the project as committed
Xuan Que Joint Stock Industrial Park Company (investor) is responsible for the legality, accuracy and truthfulness of the project dossier and documents sent to the state management agency; complies with the regulations in implementing the project according to the planning and this Decision. They shall also invest in the construction of the infrastructure system of the Xuan Que – Song Nhan Industrial Park (phase 1) in accordance with the approved master plan, and make contributions to the owner’s equity to implement the project as committed, in compliance with the law.
In addition, the company must fully implement environmental protection procedures; make deposits or provide bank guarantees for the obligation to make deposits to ensure the implementation of the project; and have specific plans to recover short-term receivables, ensuring sufficient owner’s equity contributions for project implementation…
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