According to the project investor – Hoa Phu Invest Company Limited (Company), to date the Company has paid 320 billion VND (13.7 million USD) for the land clearance compensation. The total clear area was about 140 ha, 82 ha of which can now start the technical infrastructure construction.

The PPC Permanent Vice Chairman Lai Thanh Son actually inspects the construction progress in Hoa Phu IP.

Right after having the plane, the Company built several items with total cost of 420 billion VND (18 million USD), leveled 82 ha, built 7.5km of road with synchronous rain and waste water drainage, electric system, tree, communication...

Now, the clean water plant is completed and put in operation to ensure the supply of 2,000 cubic meter of water per day and night (first period). The necessary legal formalities have been conducted to officially run the waste water treatment plant.

Via investment promotion, 9 sub-investors have been granted with the licenses with total land of 27 ha and invested capital of 1,520 billion VND (65.1 million USD). Besides, 5 other sub-investors reached agreement of cooperation with total area of 22ha and investment of 1,100 billion VND (47.1 million USD).

However, many households in Mai Ha village, Mai Dinh commune and Ngoc Lien village, Chau Minh commune (Hiep Hoa district) have yet to accept the site clearance compensation. Meanwhile, the Covid-19 pandemic has caused severly impacts since early this year on the investment attraction.

The provincial leader affirmed that Hoa Phu IP has important meaning to the provincial socio-economic development and investment attraction. The investors should accelerate the project execution, build the synchronous and modern technical infrastructure system, create clean plane to the sub-investors.

The PPC Permanent Vice Chairman Lai Thanh Son visits the waste water treatment plant in Hoa Phu IP.

Now, the international investors tends to move toward Vietnam, helping fill in Hoa Phu IP more conveniently.

Regarding to site work difficulties, the PPC Permanent Vice Chairman urged Hiep Hoa district People’s Committee and the relevant departments and sectors to clear each specific issue. The local authority should closely coordinate with the project investor to basically handle the obstacles in land clearance and compensation, implement the second and third stages of Hoa Phu IP Construction Investment Project.

The project investor was urged to promptly level the plane, build the infrastructure right after receiving the land, declaring suitable land leasing price to avoid any impact on the provincial investment attraction.

Bac Giang attracts investment of 625 million USD

(BGO) – According to the Department of Planning and Investment, Bac Giang province has attracted total investment of 229 million USD since early May, up 20.5 percent comparing to the same period last year.  

Bac Giang focuses on measures to improve business and investment environment

(BGO) – Bac Giang province should focus on urgently and actively implementing policies and packages to support businesses according to the Government's Resolution No.42, continue to firmly grasp the situation, and promptly perform tasks to remove difficulties for businesses.

Deputy Director of Ministry of Planning and Investment’s Foreign Investment Agency: Bac Giang needs to build "brand" to attract investment.

(BGO) - Bac Giang currently ranks 16th out of 63 cities and provinces in terms of attracting foreign direct investment (FDI). In 2019 it ranked 8th nationwide in luring new FDI projects. Despite its impressive foreign investment attraction achievements, Bac Giang needs to do something to improve its FDI attraction quality and efficiency in the future. 

Bac Giang attracts investment of nearly 400 million USD

(BGO) – According to the Department of Planning and Investment, Bac Giang province has attracted total registered capital of 151.3 million USD since beginning of April, making up 4.3 fold year on year increase and drawn nearly 400 million USD for the first 4 months in 2020, up 34.3 percent comparing to the same period last year.  

Bac Giang: Investment attraction increases 34.3 percent in first 4 months

(BGO) – Bac Giang province has attracted 29 projects with total registered capital of 390.3 million USD in the first 4 months in 2020, up 34.3 percent comparing to the same period last year.

Quoc Phuong