Investment in Infrastructure Construction of Phung Hiep Industrial Park

Deputy Prime Minister Le Minh Khai has just signed Decision No. 445/QD-TTg on investment policies for construction investment projects and infrastructure business in Phung Hiep industrial park, Hanoi city.

According to the Decision, the Phung Hiep Industrial Park infrastructure construction and business investment project has a total investment capital of 2.938 billion VND; The project's land use scale is 174,88 hectares.

Project implementation location is in To Hieu, Nghiem Xuyen, Thang Loi and Dung Tien communes, Thuong Tin district, Hanoi city. Operational term of the project: 50 years from the date the project is approved for investment policy and approved by investors. Project implementation progress is no more than 36 months from the date the State allocates or leases land.

The Deputy Prime Minister requested the Ministry of Planning and Investment to be responsible for the assigned contents in appraising project investment policies and implementing state management of industrial parks in accordance with the provisions of the Investment Law and relevant laws. relate to. Relevant ministries and branches are responsible for the content of project investment policy appraisal within their functions and tasks according to the provisions of the Investment Law and relevant laws.

Hanoi People's Committee inspects, supervises and ensures that the project is implemented in accordance with the approved location of Phung Hiep industrial park development plan. Do not transfer the remaining planned area for developing Phung Hiep industrial park approved by the Prime Minister to other purposes without approval by competent authorities according to the provisions of law on industrial park management. industry and other relevant legal provisions.

Organize the preparation and approval of zoning planning for construction of Phung Hiep industrial park according to the provisions of law on construction and law on industrial parks and economic zones, which does not include the land area planned for the route Ngoc Hoi - Phu Xuyen axis and the land area of ​​Phung Hiep canal in the project implementation area into the land use structure of the project; Have construction and traffic connection solutions consistent with the planning of Ngoc Hoi - Phu Xuyen route and provincial road 429, ensuring the project does not overlap other plans and complies with legal regulations on connection protection. road traffic infrastructure, ensuring circulation and no congestion at connection points; Consider allocating industrial land funds in Phung Hiep industrial park to sublease land to small and medium-sized enterprises, priority enterprises, and supporting production and business premises.

The Hanoi People's Committee directed the Management Board of Hanoi Industrial and Export Processing Zones and relevant agencies to review and ensure that the project implementation area does not have tangible or influential cultural heritage works. to intangible cultural heritage products in Hanoi city; in accordance with the requirements of protecting and promoting the value of cultural heritage and the conditions prescribed by law on cultural heritage.

Hoa Phu Invest Limited Liability Company (investor) is responsible before the law for the legality, accuracy, and truthfulness of the content of project documents; Projects can only be implemented after meeting all conditions prescribed by law; Carry out environmental protection procedures in accordance with the law on environmental protection and relevant guiding documents. Prioritize attracting investment in high-tech industries and clean industries, ensuring compliance with the new development orientation of the Capital and the development orientation of industries in the Red River Delta.