Trung Quy - Bac Ninh Investment Joint Stock Company, after achieving success in real estate investment in Bac Ninh province, has expanded its operations to other localities across the country, including Hai Duong province.
The approved map of the 235-ha expanded Phuc Dien Industrial Park in Binh Giang district, Hai Duong province
Remarkable contribution
According to Ms. Dinh Thi Loan, President of the Board of Directors and General Director of Trung Quy - Bac Ninh Investment Joint Stock Company, the company was established in 2007 and is currently investing in several large-scale industrial parks and urban areas. These include Section B (370 ha) of Thuan Thanh III Industrial Park in Thuan Thanh town (Bac Ninh province) and Ha Son New Urban Area in Ha Giang City, Ha Giang province. Notably, Section B of Thuan Thanh III Industrial Park has achieved an occupancy ratio of over 90%.
Furthermore, Trung Quy - Bac Ninh Investment Joint Stock Company’s reputation and aspirations quickly spread to Hai Duong province with the establishment of the expanded Phuc Dien Industrial Park. This 235.64-ha project was approved by the Prime Minister in Decision 398/QD-TTg dated March 19, 2021, and established by the Hai Duong Provincial People’s Committee in Decision 995/QD-UBND dated March 31, 2021. The project features smooth connectivity to road, sea, rail and air traffic routes such as National Highway 5A, Hanoi-Hai Phong Expressway, and Hanoi-Quang Ninh Railway. It lies within the special economic region planned and approved by the Provincial Party Committee and People’s Committee of Hai Duong province.
The expanded Phuc Dien Industrial Park is oriented toward becoming a destination for various industries with priority given to environmentally friendly high-tech industries. Targeted sectors include agricultural and forest product processing, leather footwear and garments, construction materials, wood processing, electrical and electronics device production and assembly, information technology, and logistics.
“Presently, Trung Quy is engaged in land compensation, site clearance, and infrastructure construction for the industrial park with the aim of attracting investors from countries in the region and around the world. To accomplish this objective, the company will establish a synchronized, contemporary, and convenient infrastructure system that leverages favorable traffic advantages and excellent natural conditions to cater to investors’ requirements. Concurrently, the company will provide support and guidance to tenants throughout their investment journey,” she further stated.
The groundbreaking ceremony of the bridge over the Sat River and the road connecting to the expanded Phuc Dien Industrial Park
The place for success and prosperity
Moreover, the business investment environment in Binh Giang district and Hai Duong province is highly conducive to success and prosperity. The province and district have implemented various support mechanisms and policies to assist investors with their projects in the district. These include:
Providing support to organizations, businesses, and investors in understanding investment laws, policies, and procedures; identifying market potential, partners, and investment opportunities; facilitating compensation, site clearance, and labor training.
Regularly monitoring investment, production, and business activities of investors; organizing meetings and dialogues with businesses to address challenges and create favorable conditions for projects.
Offering funding for worker training; providing legal consultations; assisting with administrative procedures related to land lease, site clearance, import-export, customs, tax, and other matters.
With the unwavering commitment of Hai Duong province and all levels of authority to creating an optimal business environment, Trung Quy - along with other investors - will be motivated to successfully execute projects in the region. This will contribute to Hai Duong’s transformation into a modern industrial province and lay a solid foundation for its future development as a centrally run city as envisioned in the resolution of the 17th Provincial Party Congress (2020-2025 term).
By Ha Thanh, Vietnam Business Forum
Vietnamese
October 2024
Hanoi