November 16, 2024 | 15:00 GMT+7

Deputy PM approves investment principle for Quang Binh's Cam Lien IZ

Phạm Long -

The 450 ha zone is located in Cam Thuy, Thanh Thuy, and Ngu Thuy Bac communes, Le Thuy district.

Illustrative Photo (Photo: VGP)
Illustrative Photo (Photo: VGP)

Deputy Prime Minister Tran Hong Ha on November 15 signed Decision No 1388/QD-TTg, approving the investment policy for of the Cam Lien Industrial Zone infrastructure located in Cam Thuy, Thanh Thuy, and Ngu Thuy Bac communes, Le Thuy district, Quang Binh province.

The decision approves Capella Quang Binh Investment Company Limited as the investor, the Government  News reported.

Regarding the project investment capital, the Deputy PM requested the provincial People's Committe to direct the Quang Binh Economic Zone Management Board to guide the investor in determining the total investment capital of the project, aligning it with the project's area (450 ha) and the plan for handling public assets within the project area.

He requested the Ministry of Planning and Investment to be responsible for appraising the investment and exercising State management over industrial zones according to the Investment Law and related legal documents.

The Ministry of Agriculture and Rural Development (MARD) shall be fully responsible for appraising the completeness, accuracy, and legality of the dossiers, documents, data, and contents submitted to the Prime Minister for consideration and decision on the principle of changing the land use purpose of the forest for the project implementation.

Simultaneously, MARD shall take the lead and collaborate with the Ministry of Natural Resources and Environment and related agencies in directing and guiding the provincial People's Committee in implementing, inspecting, and strictly supervising the conversion of forest land use for the project.

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