Accordingly, the above project is built in Chau Minh and Huong Lam communes of Hiep Hoa district with a scale of 105.5 hectares and total investment capital of 1,256 billion VND (54.4 million USD), of which the investor contributes 190.3 billion VND while the rest is mobilized capital.

Many investors are building factories in Hoa Phu Industrial Park (Hiep Hoa).

The operating period of the first phase of the above mentioned project is 50 years from the date of land allocation and land lease by the State.

The Deputy Prime Minister assigned the Provincial People's Committee to direct the Provincial Industrial Park Management Board to specify the project implementation schedule in the Investment Registration Certificate, but not exceeding 18 months from the date the investor is allocated or leased land.

The Ministry of Planning and Investment is responsible for investment policy appraisal and state management of industrial parks in accordance with the provisions of the law on investment and related laws.

Relevant ministries and sectors are in charge of project investment policy appraisal in accordance with the provisions of law.

The People's Committee of Bac Giang province is responsible for the truthfulness and accuracy of the reported information, data and the appraisal contents according to the provisions of law; receiving the opinions of the ministries in the dossier approving the project investment policy.

Also, the province should guide, inspect and supervise the investors to ensure that they comply with the provisions of law and implement the contents and conditions as prescribed during the project implementation process.

The People's Committee of the province also needs to ensure that the allocation of industrial park land targets is consistent with the approved project implementation progress; synthesize and ensure the project is included in the land use plan for the period 2021-2025, the period 2026-2030 of the province and the annual land use plan of Hiep Hoa district among others.

Hightech Infrastructure Investment and Development Joint Stock Company is responsible for the legality, accuracy and honesty of the project dossier and documents sent to competent state agencies; contribute sufficient equity capital to implement the project according to the committed schedule.

Also, the investor must ensure compliance with the conditions of the law on real estate business and land law; specify the loan plan by credit contract; deposit or have a bank guarantee for the deposit obligation to implement the project...

The whole province currently has 9 industrial parks, of which 6 are in operation, the rest are in the process of building infrastructure and attracting investors.

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