Invested by Fuji Phuc Long Development Company Limited, the project covers 147.31 hectares in Hong Thai, Tang Tien and Nenh wards, Viet Yen township with total investment capital of more than 1.24 trillion VND (50.4 million USD).

Vietnam - Korea Industrial Park in Bac Giang province.

The Deputy PM requested the Ministry of Planning and Investment to be responsible for the assigned contents in appraising the project investment policy and state management of industrial parks in line with the legal provisions. Relevant ministries and agencies must bear responsibility for the project investment policy appraisal contents within their functions and tasks.

The decision clearly states that Fuji Phuc Long must contribute full equity according to the committed schedule and comply with the provisions of the land law; make a deposit or have a bank guarantee on the deposit obligation to ensure project implementation in accordance with the law on investment.

It is asked to set aside at least 3% of the total industrial land area of the industrial park for small and medium-sized enterprises, those engaging in supporting industries and innovation, beneficiaries of investment incentives and other enterprises eligible for support in terms of production and business premises, land lease and land sublease in line with the provisions of Clause 4, Article 9 of the government’s Decree No. 35/2022/ND-CP...

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Source: Bao Chinh Phu