Deputy Prime Minister approves investment policy for 1,000-hectare industrial park in Dong Nai

The Xuan Que – Song Nhan Industrial Park (IP) project has a scale of 1,000 hectares, with an operating period of 50 years from the date the project is approved for investment policy.

Deputy Prime Minister Tran Hong Ha signed Decision No. 1479 on the investment policy for the project to invest in construction and business of infrastructure of Xuan Que – Song Nhan Industrial Park (Phase 1), Dong Nai province.

Accordingly, the Deputy Prime Minister approved the investment policy; at the same time approved the investor of the Project, Xuan Que Industrial Park Joint Stock Company. The project has a scale of 1,000 hectares, with an operating period of 50 years from the date the project is approved for investment policy and the investor is approved.

The investment capital of the project is directed by the People’s Committee of Dong Nai province. The Management Board of Dong Nai Industrial Parks requires investors to review, calculate and determine the total investment capital of Xuan Que – Song Nhan Industrial Park (phase 1).

Regarding the project implementation location, based on the project implementation location proposed by the investor, the Deputy Prime Minister assigned the People’s Committee of Dong Nai province to specifically determine the location and boundary of Xuan Que – Song Nhan industrial park (phase 1) in the planning location of Xuan Que – Song Nhan industrial park approved in the Dong Nai Provincial Planning, in the General Planning for the construction of Xuan Que – Song Nhan industrial park approved by the People’s Committee of Dong Nai province and belonging to the land area directly managed and used by Dong Nai Rubber Corporation One Member Co., Ltd.; ensuring the division of investment into each phase, connecting the technical infrastructure of Xuan Que – Song Nhan industrial park and not affecting the implementation of the following phases of Xuan Que – Song Nhan industrial park.

The Deputy Prime Minister assigned the Ministry of Planning and Investment to be responsible for the assigned contents of project investment policy appraisal and to perform state management of industrial zones according to the provisions of the law on investment and relevant laws; relevant ministries and branches are responsible for the contents of project investment policy appraisal within their functions and tasks according to the provisions of the law on investment and relevant laws.

The People’s Committee of Dong Nai province is assigned to be responsible for the truthfulness and accuracy of information, reported data and appraisal contents according to the provisions of law; implement the project in accordance with the planning approved by competent authorities; synthesize and ensure that the project is allocated enough industrial park land to implement according to the approved schedule, within the land allocation and zoning plan in the Dong Nai Provincial Planning.

The People’s Committee of Dong Nai province organizes the establishment and approval of the general planning for the construction of Xuan Que – Song Nhan industrial park; directs relevant agencies of Dong Nai province to coordinate with competent agencies to determine traffic routes and directions within the project implementation area to ensure that the investment in the construction of the industrial park does not affect the implementation of traffic routes; in case of any problems, it must be promptly reported to competent authorities to adjust the boundary of Xuan Que – Song Nhan industrial park (phase 1) accordingly.

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