Hung Yen established two industrial clusters of over 50 hectares

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Yen My industrial cluster and Hoa Phong trade village industrial cluster have a total area of 53.5 ha, total investment capital of about 523 billion VND.

Hưng Yên thành lập hai cụm công nghiệp hơn 50 ha - Ảnh 1.

Hung Yen established 2 industrial clusters, Yen My and Hoa Phong. (Photo: VGP)

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.

Accordingly, the industrial cluster of Hoa Phong craft village was built with an area of 5.5 hectares in Hoa Phong commune, My Hao town. The industrial cluster will include industries such as handicraft carpentry, civil carpentry, 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.

According to the establishment decision, the project implementation process will be divided into three phases. In which, in the fourth quarter of this year, the investor will carry out the 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.

Yen My industrial cluster has a size of about 48 hectares, located in two communes Trung Hoa, Tan Lap and Yen My town, Yen My district.

Hung Yen Provincial People’s Committee plans to develop supporting industries for electronics, automobile, and mechanical industries; high-tech industry, energy saving projects

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 will be mobilized from other legal sources.

The project is also divided into three phases, in which: From the third quarter to the fourth quarter of this year is the stage of investment preparation; From the first quarter of 2021 to the fourth quarter of 2023, it is the investment phase and from the fourth quarter of 2023 onwards it is the stage of project exploitation and operation.

Recently, the People’s Committee of Hung Yen province also decided to establish Phung Chi Kien industrial cluster in the territory of Phung Chi Kien wards, Bach Sam and Xuan Thuc commune (My Hao town) with an area of about 50 hectares.

This industrial cluster is invested by Gia Hung Infrastructure Development Joint Stock Company with a total investment of nearly VND 453 billion.

Source: vietnambiz.vn – Translated by fintel.vn