Approving the investment policy of 400ha Prodezi Industrial Park infrastructure project in Long An

On April 23, Deputy Prime Minister Le Van Thanh signed Decision No. 506/QD-TTg on investment policy in the Prodezi Industrial Park (IP) investment and infrastructure project, Long An province.
According to the above decision, the Prime Minister approved the investment policy and approved the investor as Prodezi Long An Joint Stock Company.

Investment project on construction and infrastructure business of Prodezi Industrial Park has a scale of 400 ha, implemented in Luong Hoa and Tan Hoa communes, Ben Luc district, Long An province. The project’s investment capital is VND 4,604,768 billion, of which the investor’s contributed capital is VND 800 billion and the mobilized capital is VND 3,804,768 billion.

The project implementation schedule must not exceed 60 months from the date of land handover by the State.

The project’s operation term is 50 years from April 23, 2022.

Illustrations

The Prime Minister assigned the People’s Committee of Long An province to direct the Management Board of the Economic Zone of Long An province to guide investors in detailing the project implementation progress, in which the progress of the investor’s equity contribution should be noted. Investment to implement the Project must ensure compliance with the provisions of the law on land.

At the same time, the People’s Committee of Long An province directed the Management Board of the economic zone of Long An province and relevant agencies to coordinate with the investor in implementing the compensation and site clearance plan according to regulations; implement solutions related to the life of workers working in industrial parks, including plans to build houses, social, cultural and sports facilities for employees; job support and vocational training for people whose land has been recovered; implement land acquisition in accordance with the project implementation schedule and attract investment in order to minimize the impact on the people whose land is recovered.

According to the Management Board of Long An Economic Zone, by the end of 2021, the province has 37 industrial zones with a total area of ​​12,285.48 hectares. In which, 35 industrial zones have been added by the Prime Minister to the planning on development of industrial zones in Vietnam with a total area of ​​11,944.98 ha and 2 industrial zones are located in Long An border gate economic zone with a total area of ​​340. 5 hectares.

Of the 37 planned industrial zones, 22 are eligible to receive investment, and 15 are in the process of implementing investment.

Mr. Nguyen Thanh Thanh, Head of the Economic Zone Authority of Long An Province, said that from the beginning of 2022 until now, industrial zones in the province have attracted 39 projects with a total foreign direct investment (FDI) capital. 268.33 million USD and domestic enterprise capital is 9,298 billion VND.

In the past time, many investment projects on construction and business of industrial park infrastructure in Long An province have been approved for investment policies.

Specifically, before that, Deputy Prime Minister Le Van Thanh also signed a decision approving the investment policy of the construction investment project and infrastructure business in Tandoland Industrial Park, Long An province. The investor is Tandoland JSC.

The project is implemented in Luong Hoa and Tan Hoa communes, Ben Luc district with a scale of 250 ha. The project’s investment capital is more than 3,144 billion dong, of which the investor’s contributed capital is 550 billion dong, the mobilized capital is nearly 2,595 billion dong.

The project implementation schedule must not exceed 36 months from the date of land handover by the State.

On the same day, Deputy Prime Minister Le Van Thanh signed a decision approving the investment policy of the investment project, construction and infrastructure business of Loc Giang Industrial Park. Investor is Saigon – Northwest Urban Development JSC.

The project has a scale of 466 hectares, located in Tan My commune, An Ninh Dong commune and Loc Giang commune, Duc Hoa district.

The project’s investment capital is more than 5,198 billion dong, of which, the investor’s contributed capital is 779.73 billion dong, the mobilized capital is 4,418.5 billion dong. The project’s operation term is 50 years from April 19, 2022.

On March 18, the Government leaders also made a decision on investment policy of the project of investment in construction and infrastructure business of Tan Tap Industrial Park with a scale of 654 hectares in Tan Tap commune, Can Giuoc district.

The investor implementing the project is Long An Investment and Development Joint Stock Company. The project has an investment capital of more than 9,910 billion VND, of which, the investor’s contributed capital is nearly 1,487 billion VND, the rest is mobilized capital.

by moitruongvadothi