Hanoi based Lideco No.1 Joint Stock Company (Lideco No.1) is the investor of Tan Hung IP development project which is executed in 105.3 hectares, relating to 752 households in Tan Hung and Xuong Lam communes of Lan Giang district). So far, the district has compensated and cleared 104.75 hectares of land.

PPC Vice Chairman Phan The Tuan inspects the actual situation at Tan Hung IP project.

The PPC Vice Chairman highly evaluated the effort and determination of the investor, relevant parties and People’s Committee in Lang Giang district in project execution. Right after receiving the plane, the investor actively mobilized machineries to implement the tasks.

He pressed that Chinese Yadea Group Holdings Ltd plans to build electric scooter manufacturing factory in Tan Hung IP in next June which will be put in operation in late 2023 with maximum capacity of 5 million products per years. At full operation, the factory attracts more spare part manufacturers to establish a close complex of electric scooter production at this IP.

A corner of Tan Hung IP.

To offer maximum support to the investor, the provincial leader ordered the sectors, localities and Lideco No.1 to accelerate procedures relating to the site work, investment in the infrastructure, waste water treatment, planning…to ensure a synchronous execution.

Lang Giang district People’s Committee was urged to strictly cooperate with the investor and sectors to definitely handle the land clearance while the Department of Construction must pay due attention to assisting formalities relating to construction planning and license. Meanwhile, the Department of Natural Resource and Environment is in charge of handing over the land to the investor.

Workers are constructing items in the waste water treatment station inside Tan Hung IP.

Regarding to the power infrastructure, the PPC Vice Chairman requested the Department of Industry and Trade to early propose solution to use budget or non-budget capital to ensure the power inside the IP.

Lideco No.1 should closely follow the Ministry of Planning and Investment to complete necessary procedures and submit to get Prime Minister’s approval for merging Tan Hung industrial cluster into Tan Hung IP so as to create advantage in drawing more investors.

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