Ho Nai IP Joint Stock Co.: Boosting Investment into Industrial Parks

Under the general plan, the 570-ha Ho Nai Industrial Park will be divided into two separated investment phases. At present, the first phase has been more than 70 per cent completed and the detailed investment plan of the second phase is being completed and will be submitted to the Prime Minister for approval. As of February 2006, the first phase of Ho Nai Industrial Park attracted 93 investment projects and 10 other projects registering for land lease plots. A total area of 136.4 ha has been occupied and a combined investment capital of VND65.92 has been realised. To date, 24 investors have registered for land lease in the park with an area of 121.63 ha.

 

Ho Nai Industrial Park Joint Stock Company has actively prepared for the execution of the second phase and gradually extricated existing site clearance tie-ups of the first phase to transfer lands to investors and move to the second phase. Apart from its major industrial park infrastructure business, the company is also engaged in design and construction consultancy for the rubber industry. In addition, the company has also rearranged its apparatus to match its joint stock company form to meet the development requirements.

 

In 2006, Ho Nai Industrial Park Joint Stock Company began carrying business plans set by the general shareholder meeting. Accordingly, to obtain the preset goals, the company has introduced many measures. As for infrastructure fee collection, the company will closely cooperate with its competent divisions to manage the investment plan execution of its industrial park works and improve its management level to the ISO standards. As for the investment management, the company will focus on such fields as site clearance compensations, infrastructure construction investment, design and investment consultancy, and project construction.