Nghe An invests 326 billion VND in drainage system for Hoang Mai II Industrial Park
Nghe An Provincial People's Committee has just signed a decision approving the investment policy for the Project to build a drainage system for Hoang Mai II Industrial Park, Hoang Mai Town.
Specifically, according to Decision No. 2763/QD-UBND dated October 21, 2024, the project has a total investment of VND 326 billion to build a completely new drainage system, with a total length of about 9.7 km. Including: Surface drainage system for inside and outside Hoang Mai II Industrial Park; wastewater drainage system that has been treated to standards for the centralized wastewater treatment plant in the Industrial Park to contribute to synchronizing infrastructure, creating conditions to attract secondary investors to Hoang Mai II Industrial Park.
The project also includes items such as return and operation routes; cross-drainage systems, gutters; traffic safety systems; lighting systems...
The total investment of the project is 326 billion VND, drawn from the capital source prescribed for investment incentives and site clearance compensation; additional targeted central funds and from increased revenue and annual budget savings.
The project is implemented in Quynh Vinh commune, Hoang Mai town; the implementation progress is not more than 4 years from the commencement date.
In the above decision, the People's Committee of Nghe An province assigned the Management Board of the Southeast Economic Zone to preside over and coordinate with relevant departments, branches, units and Hoang Mai town to complete the Feasibility Study Report, submit it to competent authorities for appraisal and investment decision in accordance with regulations; ensure investment objectives, quality, implementation progress, cost savings and achieve project efficiency; promptly complete procedures on planning, land use plans, construction planning related to the project in accordance with regulations...
Hoang Mai II Industrial Park was approved by the Prime Minister in October 2023 with a land area of 334.7 hectares and a total investment of VND 1,900 billion, of which the investor's capital contribution is VND 570 billion.
Along with Hoang Mai I Industrial Park, after completing the procedures according to regulations, Hoang Thinh Dat Joint Stock Company has been approved as an investor in infrastructure business at Hoang Mai II Industrial Park. The project's operating period is 50 years, starting from October 9, 2023.
