The Ha Tinh Provincial People's Committee has approved investment policy and investor for the first phase of the Bac Hong Linh Industrial Park infrastructure development project.
Under the approved plan, Plaschem Ha Tinh Industrial Park JSC will develop the project, which is expected to play a key role in the central province's industrial expansion strategy.
The first phase of Bac Hong Linh IP will be developed in Bac Hong Linh Ward and cover an area of 188.61 hectares. Total investment is estimated at approximately VND2.08 trillion ($80 million).
The project aims to build a modern and integrated industrial infrastructure system, creating ready-to-use industrial land to attract secondary investors and manufacturing enterprises. Provincial authorities view the development as an important step toward promoting concentrated, specialized and sustainable industrial growth.
Construction is scheduled to be completed within 24 months from the date the site is handed over by the state. The industrial park will have an operating term of 50 years from the date of land allocation or lease.
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