The Government approved the policy of investment in the construction and business of infrastructure in Binh Dong Industrial Park, Tien Giang province

  25/10/2022

Accordingly, approving the investment policy and approving the investor is the Central MK Solar Power Joint Stock Company. The project’s land use scale is 211.96 ha in Binh Dong commune, Go Cong town, Tien Giang province. The investment capital of the project is 2,428,376 billion VND, of which the investor’s contributed capital is 365 billion VND. The project duration is 50 years.

Instruct investors to specify the project implementation schedule

The People’s Committee of Tien Giang province directs the Management Board of Industrial Parks of Tien Giang province to guide investors in specifying the project implementation schedule, in which the progress of the investor’s equity contribution to the implementation of the project is noted. The project must ensure compliance with the provisions of the law on land.

The People’s Committee of Tien Giang province shall assume the prime responsibility for, and coordinate with relevant agencies in, reviewing the arrangement and handling of public property within the project scope (if any) by the provisions of the law on management. use public property and complete before leasing land, changing land use purpose for project implementation.

Chính phủ chấp thuận chủ trương đầu tư xây dựng và kinh doanh kết cấu hạ tầng KCN Bình Đông, tỉnh Tiền Giang
Investment in construction and infrastructure business in Binh Dong Industrial Park, Tien Giang province

In addition, directing the Management Board of Industrial Parks of Tien Giang province and relevant agencies to monitor and evaluate the project implementation, including contributing enough equity and mobilizing capital on time. investor’s level to implement the project following the provisions of the law on land and relevant laws, coordinate with the investor in implementing the plan for compensation, site clearance, and resettlement according to regulations. the law on land, and the law on housing, no complaints or lawsuits occurred during the project implementation.

In addition, implementing solutions related to the life of employees working in industrial parks, including plans to build houses, and social, cultural, and sports facilities for employees; job support and vocational training for people whose land has been recovered; implement land acquisition by the project implementation schedule and attract investment to minimize the impact on people whose land is recovered.

Central MK Solar Power Joint Stock Company (investor) is only allowed to implement the project after changing the purpose of using rice land per the provisions of the law on land and the law. on the management and use of land for rice cultivation; shall pay a sum of money for the protection and development of rice-growing land by the law on land and the law on management and use of rice-growing land.

Source: Cong Thuong

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