Deputy Prime Minister Tran Hong Ha has just approved the investment policy for the Hoa Yen Industrial Park Infrastructure Investment and Business Project with a scale of nearly 257 hectares. The project is located in Hiep Hoa district and Viet Yen town, Bac Giang province, with one side adjacent to Provincial Road 398.
The industrial park has a total investment capital of more than 3.700 billion VND, of which nearly 562 billion VND is contributed by investors. The project will operate for 50 years.
According to the 1/2000 zoning plan, the project implementation area allocates more than 60% of the land area for factories, green land accounts for more than 10%, the rest is for service areas, technical infrastructure, parking lots, etc.
Upon completion, the project will become a multi-industry industrial park, prioritizing processing, manufacturing, production and assembly industries, which are highly technical and environmentally friendly.
The decision also approved Fecon Hoa Yen Joint Stock Company as the investor of the industrial park. Established in September 9, this company operates mainly in the real estate business with a charter capital of 2022 billion VND.
Bac Giang is one of the industrial park capitals in the North with a high occupancy rate. Up to now, the province has 9 industrial parks, including 6 existing areas and 3 planned areas, concentrated in Viet Yen town, Yen Dung, Hiep Hoa, Lang Giang districts... These are also areas with vibrant development of many real estate segments near industrial parks in the period of 2020-2022.
Currently, along with the general situation, the real estate market here is still largely in a gloomy situation, with high prices but poor liquidity.
Source: VN Express Newspaper
