Deputy Prime Minister Le Minh Khai has officially approved the investment policy and investor for the Kim Bang I Industrial Park in northern Ha Nam province.

The project straddles Le Ho, Dai Cuong, and Dong Hoa communes in Kim Bang district.

Covering some 230 ha, the project will have investment capital of VND2.653 trillion (nearly $110 million), of which the investor will contribute VND400 billion ($16.5 million).

According to the Ha Nam Provincial People’s Committee, the locality has stayed focused on accelerating infrastructure investment in industrial parks in 2023 and diversifying investment attraction and promotion activities. The province has also attached much importance to the provision of services to businesses at industrial parks, to increasingly satisfy the investment, production, and business requirements of enterprises during international integration.

Ha Nam is currently home to eight industrial parks.