The People's Committee of Da Nang City yesterday approved the investment policy for the project to invest in the construction and business of infrastructure of Hoa Ninh Industrial Park.
Thanh Binh Phu My Joint Stock Company is the investor of the project. The company is located in Phu My 3 Specialized Industrial Park in Phuoc Hoa Ward of the Southern province of Ba Ria - Vung Tau’s Phu My Town.
With a total investment of around VND6,203 billion, this project involves a capital contribution of VND930 billion from the investor, supplemented by mobilized funds.
The implementation period is limited to 42 months from the date the State hands over the land for the project's construction in Hoa Ninh Commune, Hoa Vang District, Da Nang City with a total area of over 400 hectares.
The operational term of the project is 50 years, commencing from the date of land lease by the State.
The Da Nang High-Tech Park and Industrial Parks Management Board and relevant agencies are adhering to the Prime Minister's directives outlined in Decision No. 1693/QD-TTg, dated December 31, 2024, regarding project investment policy.
Moreover, the Management Board of Da Nang High-Tech Park and Industrial Parks, along with pertinent agencies, conducts inspections and oversight of Thanh Binh Phu My Joint Stock Company to ensure that the project is executed in compliance with legal regulations.
