Investment in construction of Chau Minh

Deputy Prime Minister Tran Hong Ha approved the investment policy for construction and business of infrastructure of Chau Minh - Bac Ly - Huong Lam Industrial Park.

Accordingly, the investor is Hightech Infrastructure Investment and Development Joint Stock Company.

The project area is 105.5 hectares. The project location is in Chau Minh commune, Huong Lam, Hiep Hoa district, Bac Giang province.

The project's investment capital is 1,256,155 billion VND, of which the investor's contributed capital is 190,308 billion VND.

The project's operation period is 50 years from the date of land allocation or land lease by the State.

The Deputy Prime Minister assigned the People's Committee of Bac Giang province to direct the Management Board of Industrial Parks of Bac Giang province to specify the project implementation progress in the Investment Registration Certificate, but not exceeding 18 months from the date the investor is allocated or leased land by the State.

The Ministry of Planning and Investment is responsible for the assigned contents of project investment policy appraisal and state management of industrial zones in accordance with the provisions of the law on investment and relevant laws.

Relevant ministries and branches are responsible for the content of project investment policy appraisal within their functions and tasks according to the provisions of the law on investment and relevant laws.

Compensation and site clearance according to regulations

The People's Committee of Bac Giang province is responsible for the truthfulness and accuracy of information, reported data and appraisal contents according to the provisions of law; receives opinions from the Ministries in the dossier approving the project investment policy for the contents within its authority; guides, inspects and supervises to ensure that investors comply with the provisions of law and implement the contents and conditions as prescribed during the project implementation process.

Ensure the allocation of industrial park land quotas for the project in accordance with the approved project implementation progress; synthesize and ensure that the project is included in the land use plan for the period 2021-2025, the period 2026-2030 of Bac Giang province and the annual land use plan of Hiep Hoa district approved by competent authorities in accordance with the provisions of the law on land.

Organize and implement the tasks of compensation, site clearance and compensation, support and resettlement plans when the State reclaims land in accordance with the provisions of law; carry out land reclaim in accordance with the project implementation progress, minimizing the impact on organizations, individuals and subjects whose land is reclaimed; ensure the legitimate rights and consensus of organizations, individuals and subjects whose land is reclaimed, avoid complaints and lawsuits that affect security and order in the locality; note that housing for resettlement must have a complete technical infrastructure system, social infrastructure and ensure the requirements for housing development in accordance with the provisions of the law on housing.

Prioritize attracting investment projects with modern, environmentally friendly technology.

The People's Committee of Bac Giang province shall inspect and determine the fulfillment of the conditions for land allocation, land lease, and land use purpose conversion by the State before the investor is allocated land to implement the project; resolutely reclaim land from incompetent infrastructure investors that delay progress in order to effectively use industrial park land to create a healthy investment environment in Resolution No. 499/NQ-UBTVQH15 dated March 28, 2022 of the National Assembly Standing Committee.

Carry out procedures for land allocation, land lease, and change of land use purpose to implement projects in accordance with the provisions of the law on land; in case of determining that there is public property, handle it in accordance with the provisions of the law on public property, ensuring no loss of state property.

Organize the preparation and approval of the general planning project for the construction of the Chau Minh - Bac Ly - Huong Lam industrial - urban - service park and related subdivision plans according to the provisions of the law on construction, ensuring synchronous connection of technical infrastructure and social infrastructure between subdivisions; manage, supervise and guide investors to implement projects in accordance with the approved general planning projects and subdivision plans for the construction of industrial parks.

Monitor investors' compliance with environmental laws during project implementation; prioritize attracting investment projects with modern, environmentally friendly technology that use little labor and resources; ensure a safe distance between the industrial park and surrounding areas, develop monitoring plans to monitor waste discharge activities in the industrial park...

Implement the project according to the committed schedule

Hightech Infrastructure Investment and Development Joint Stock Company (investor) is responsible before the law for the legality, accuracy and honesty of the contents of the project dossier and documents sent to competent state agencies; bears full responsibility and related risks and costs in case of violation of the provisions of the law on investment and the provisions of the law on land as prescribed in Article 47 and Article 48 of the Investment Law; accepts the opinions of the Ministries and the People's Committee of Bac Giang province in the dossier approving the project investment policy.

Only implement the project after the conversion of the purpose of using rice-growing land to implement the project is approved by competent authorities in accordance with the provisions of the law on land and the law on management and use of rice-growing land; pay a sum of money for the State to supplement the lost area of land specialized in rice cultivation or increase the efficiency of using rice-growing land in accordance with the provisions of Point b, Clause 4, Article 182 of the Land Law No. 31/2024/QH15; comply with the provisions of Article 57 of the Law on Cultivation and Article 14 of Decree No. 94/2019/ND-CP dated December 13, 2019 of the Government detailing a number of articles of the Law on Cultivation on plant varieties and cultivation.

Fully implement environmental procedures, including environmental impact assessment according to regulations of law on environmental protection; comply with regulations of law on irrigation and law on water resources during project implementation.

Contribute sufficient equity capital to implement the project according to the committed schedule, ensuring compliance with the conditions of the law on real estate business and the law on land; specify the loan plan by credit contract; deposit or have a bank guarantee for the deposit obligation to implement the project...

Source: https://kinhtedothi.vn/dau-tu-xay-dung-khu-cong-nghiep-chau-minh-bac-ly-huong-lam.html