HÀ NỘI — The government has approved the investment policy for the construction and operation of the Xuân Cẩm – Hương Lâm Industrial Park Phase 1, located in Hiệp Hòa district, Bắc Giang province.
The project, led by S-Dragon Infrastructure Investment Corporation, will cover an area of 102.85 hectares in Xuân Cẩm and Hương Lâm communes. The total investment for the project is VNĐ1.47 trillion (US$57.8 million), with VNĐ234.8 billion contributed by the investor as equity.
The project is expected to operate for a period of 50 years, starting from the date of the official decision on land allocation, leasing, or land use conversion.
The Ministry of Planning and Investment will oversee the implementation plan and ensure compliance with investment regulations, while the Ministry of Natural Resources and Environment will evaluate the project’s environmental impact, particularly focusing on wastewater management and environmental protection measures to safeguard the Cầu River’s water resources.
The People’s Committee of Bắc Giang Province is responsible for land recovery, compensation, resettlement, and the conversion of land use. This includes measures to address any impact on rice-growing land in accordance with the Land Law. The provincial authorities, along with the Provincial Industrial Park Management Board, will monitor the project’s progress and ensure adherence to the approved plan. — VNS
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