Hung Yen established 2 industrial clusters with over 50 ha

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The People’s Committee of Hung Yen province has just decided to establish the industrial cluster of Hoa Phong trade village and Yen My industrial cluster.

Hoa Phong craft village industrial cluster was built with an area of 5.5 ha in Hoa Phong commune, My Hao town. According to Hung Yen province, the industrial cluster will include professions such as fine art carpentry, civil carpentry, and industries serving furniture production.

The investor of the project is Hong Hai Trading and Service Co., Ltd. Total project investment is expected to be 68 billion VND.

According to the establishment decision, the project implementation process will be divided into 3 phases. In which, in the fourth quarter of this year, the investor will carry out investment preparation procedures; From the first quarter of 2021 to the fourth quarter of 2022, it is the stage of project investment implementation and from the fourth quarter of 2022 onwards, the project will be put into operation and operation.

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Hung Yen decided to establish 2 industrial clusters, Yen My and Hoa Phong. Photo: VGP

With Yen My industrial cluster, Hung Yen Provincial People’s Committee plans to develop supporting industries in electronics, automobile and mechanical industries; high-tech industry, energy-saving projects In terms of scale, the project has an area of about 48 hectares, located in 2 communes Trung Hoa, Tan Lap and Yen My town, Yen My district.

Yen My Industrial Infrastructure Investment Joint Stock Company MBLand is the investor to build the technical infrastructure of the project. The total beginning of the industrial cluster is expected to be 455 billion dong, of which the investor’s equity is 70 billion dong, the rest is mobilized from other legitimate sources.

This project is also divided into 3 phases, of which the third quarter – the fourth quarter of this year is the stage of investment preparation; from quarter I / 2021 to quarter IV / 2023 is the stage of investment and from quarter IV / 2023 onwards is the stage of project exploitation and operation.

Source: ndh.vn – Translated by fintel.vn