May 19, 2018 / 16:54
Bien Hoa Industrial Park to be turned into a commercial and service area
The southern province of Dong Nai has been working with agencies on a project to turn Bien Hoa I Industrial Zone into a commercial and service centre.
Dong Nai province’s authorities expect to turn Bien Hoa I Industrial zone into a commercial and service area
|
The Bien Hoa I Industrial Zone has 80 businesses, 40 of which have a land-lease contract until 2051.
The province said it would take back land from businesses that have expired land- lease contracts.
For those businesses that still have land-lease contracts, the province will offer compensation so they can relocate as soon as possible.
According to Sonadezi, the total cost of the project is 15 trillion VND (658 million USD), including 2.4 trillion VND for construction and equipment, 7.5 trillion VND for compensation and clearance, and 1.3 trillion VND for supporting businesses and labourers.
The project is expected to be completed by 2025.
Businesses in the industrial zone discharge more than 9,000m3 wastewater per day into Dong Nai river.
Millions of people in Bien Hoa city and neighbouring southern provinces are affected by the polluted water from the Dong Nai River.
Nguyen Phu Cuong, secretary of Dong Nai provincial Party Committee, said that, in order to solve environment problems, by the end of 2022 the province would shut down Bien Hoa I Industrial Zone.
The project is expected to bring great benefit, solve environmental problems, and develop the province, he added.
The province proposed this project 10 years ago, but it was delayed due to the authorities’ changing dates on when the industrial zone should be shut down.
Other News
- Vietnam, China intensify cooperation on green growth, digital economy
- Hanoi's green industrial parks attract investment
- Vietnamese, Singaporean firms ink agreements to bolster economic relations
- Thang Long Industrial Park urged to streamline administrative procedures for manufacturers
- Vietnam leads top choice for global investors: Cushman & Wakefield
- Vietnam-Singapore III Industrial Park to be built in Binh Duong this month
- Vietnam Prime Minister approves three industrial parks
- Recruitment demand of foreign manufacturers surges in 2021
- New industrial project expected to lure high-tech investment in Thai Binh
- Vietnam draws US$6 billion in FDI to industrial and economic zones in H1
Trending
-
Hanoi to lead national digital transformation efforts
-
Vietnam news in brief - November 23
-
Are Vietnamese people living healthier lives?
-
Finding ways to unlock Hanoi's suburban tourism potential
-
Hang Ma Street gears up for festive season
-
A Hanoi artisan turns straw into appealing tourism product
-
“Look! It’s Amadeus Vu Tan Dan” workshop - an artistic journey for kids
-
Vietnam news in brief - November 15
-
Experiencing ingenious spaces at the Hanoi Creative Design Festival 2024
-
Liên kết hữu ích