PM approves Dong Van 4 Industrial Zone project

VGP – The PM has approved the investment guidelines for the Dong Van 4 Industrial Zone infrastructure construction and trading project in Kim Bang district, northern Ha Nam province.

August 09, 2016 5:10 PM GMT+7

Specifically, the government leader allows Kim Bang Industrial Zone to be renamed as Dong Van 4 Industrial Zone.

The project will be invested by the Viglacera Joint Stock Company, covering 300 hectares in Kim Bang district’s Nhat Tan, Nhat Tuu and Dai Cuong communes.

It will be implemented from the third quarter of 2016 to the third quarter of 2021 with a total investment capital of VND1.9 trillion (US$85.5 million).

The PM has asked the Ha Nam People’s Committee to instruct the investor to research and collect examination opinions from the Ministry of Planning and Investment, sign the project fund as stipulated by the investment law, submit a report examining the project’s impacts on the environment, and carry out all procedures on land use purpose transformation for the implementation of the project according to the Land Law.

The provincial People’s Committee has also been assigned to direct the issuance of an investment license to the Viglacera Joint Stock Company, encourage relevant units to work with the investor to identify appropriate land clearance and compensation measures, and address employment for the people whose lands are revoked for the project.

By Vien Nhu