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Bac Giang hands over investment certificates, implements infrastructure construction plans for Phuc Son and expanded Vietnam Korea industrial parks

Updated: 16:40, 14/03/2024
BAC GIANG – The Bac Giang Provincial People's Committee (PPC) on March 13 held a conference to hand over Investment Registration Certificates and deploy implementation plans for two projects on structural construction and infrastructure business in Phuc Son and expanded Vietnam Korea industrial parks. The PPC Vice Chairman Phan The Tuan  chaired the event.

The Phuc Son Industrial Park infrastructure construction, business and investment project is invested by Hanoi based Le Delta Joint Stock Company. It is implemented in Phuc Son and Lam Cot communes of Tan Yen district with a scale of 123.94 hectares, including 70 hectares in first phase and 53.94 hectares in second phase. Total project investment capital is more than 1.83 trillion VND (78.3 million USD).

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PPC Vice Chairman Phan The Tuan voices to direct the conference.

The infrastructure construction, investment and business project in expanded Vietnam Korea industrial park is invested by Fuji Phuc Long Development Company Limited, headquartered in the south of Song Khe - Noi Hoang Industrial Park in Yen Dung district).

It is executed in several wards of Hong Thai, Tang Tien and Nenh of Viet Yen township on total area of 147.31 hectares and total investment capital of over 1.23 trillion VND.

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Director of Fuji Phuc Long Development Company Limited Nguyen Truong Giang speaks at the event.

Both projects is implemented in less than 24 months from the date of land allocation or lease by the State. Phuc Son Industrial Park project’s validity is 50 years while the expanded Vietnam Korea Industrial Park is 47 years from the date of investment policy approval.

As schedule, by January 2025, both projects will begin to attract secondary investors. When they are completed, operated and fully occupied, the two projects will create jobs for about 42,000 workers.

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PPC Vice Chairman Phan The Tuan hands over the Investment Certificate to the investors of Phuc Son and expanded Vietnam Korea Industrial Parks.

Bac Giang now has 9 established industrial parks, total planning area of about 2,252 hectares, occupancy rate of more than 68%. This is a very favorable condition for the province to continue promoting industrial development to realize the goal of making Bac Giang province a modern industrial province by 2030, with GRDP scale standing in the group of 15 top leading provinces and cities across the nation.

After handing over the certificates to investors, the delegates continued to deploy the implementation plans for the two projects.

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