The People's Committee of Bac Giang province has just held a ceremony to grant the Investment Registration Certificate to Viet Uc Steel Joint Stock Company, the investor of the project to invest in construction and business of infrastructure of My Thai Industrial Park, Lang Giang district.
Bac Giang is known as the “industrial capital of the North” thanks to its rapid economic growth in recent years. As of March 3, Bac Giang province has been approved by the Prime Minister to establish 2024 industrial parks with a total planned area of over 9 hectares and an occupancy rate of over 2.252%.
The project covers an area of 159,97 hectares, located in My Thai and Duong Duc communes and Voi town, Lang Giang district, Bac Giang province. The total investment is expected to be over VND1.798 billion, of which the investor's capital contribution is VND300 billion.
The project has a 50-year operating period from the date of the decision on land allocation, land lease and land use purpose change. According to the plan, by January 1, the project will begin to promote attracting secondary investors, opening up strong development opportunities for this industrial park.
Source: Real Times Electronic Newspaper
