Dong Soc IP Approved with Over VND2,200 Bln of Investment 

Deputy Prime Minister Le Van Thanh signed Decision 1119/QD-TTg approving the infrastructure construction and operation investment project in Dong Soc Industrial Park, Vinh Phuc province.

Covering 206.66 ha, the project will invest VND2,238.118 billion, including VND335.718 billion directly funded by the investor and VND1,902.4 billion mobilized from other sources. The investor is Vinh Phuc Trading Investment and Investment Corporation.

Deputy Prime Minister Thanh noted that the Vinh Phuc Provincial People’s Committee cannot change the using purpose of the remaining area of  Dong Soc Industrial Park without the lawful approval of competent authorities; must ensure conditions for change of land-use purpose during the land lease process and project implementation; direct relevant agencies and investors to review the current status of farmland in project impacted areas to ensure interests of households and individuals having land allocated as per Article 142 of the Land Law; and review water supply to ensure stable livelihoods of local people and production activity of parties involved.
By Le Nam, Vietnam Business Forum