Nghe An: Approved investment licensing policy for 2 projects with total capital of more than 275 million USD
(Baonghean.vn) - This is the policy approved by the Standing Committee of Nghe An Provincial Party Committee at the regular meeting in October 2022 held this morning, October 29, based on the Submission of the Party Committee of the Provincial People's Committee.
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Overview of the regular meeting in October 2022 of the Provincial Party Standing Committee. Photo: Thanh Duy |
Attending the meeting were comrades: Nguyen Van Thong - Standing Deputy Secretary of the Provincial Party Committee; Nguyen Duc Trung - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; comrades in the Standing Committee of the Provincial Party Committee and a number of relevant departments, branches and localities.
Accordingly, after listening to the opinions of relevant departments, branches and sectors, the Provincial Party Standing Committee agreed on the investment policy of Luxshare - ICT (Nghe An) 2 Project at VSIP Nghe An Industrial, Urban and Service Park on an area of 36.18 hectares invested by Luxshare - ICT Nghe An Company Limited.
The electronic components manufacturing project with a designed capacity of 74 million products/year has a total investment capital of 150 million USD, equivalent to 3,440 billion VND, expected to start construction in January 2023 and officially go into production in March 2024.
The project, once operational, will contribute to the state budget and create jobs for more than 14,000 workers.
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VSIP Nghe An Industrial Park. Photo: PV |
Previously, Luxshare ICT invested 140 million USD in VSIP Nghe An Industrial Park to build an electronic components factory and it has come into operation.
Also at the meeting, the Provincial Party Standing Committee approved the investment policy of Tan Viet Metal Science and Technology Factory, invested by Yongjin Vietnam Metal Science and Technology Co., Ltd. in WHA Industrial Zone Nghe An with a total investment of more than 125 million USD, equivalent to more than 2.9 trillion VND.
The project is implemented in 3 components on an area of 12.65 hectares. Component 1 of the project is expected to operate in the fourth quarter of 2023, and components 2 and 3 will be completed in the third quarter of 2026. The project is expected to create jobs for about 300 workers.
2022 witnessed Nghe An's strong progress in attracting investment, especially foreign direct investment (FDI) projects. As of October 21, 2022, the province has newly granted 89 projects with a total registered investment capital of VND 21,802.3 billion (Total investment of projects increased by VND 2,877.8 billion compared to September 30, 2022 due to 4 newly granted projects in October (total investment of VND 1,179.8 billion) and updated 2 urban area projects approved in June 2022 (total investment of VND 1,698 billion); 91 projects were adjusted, of which the total investment capital of 31 projects was adjusted with a total investment increase of VND 13,160.7 billion. The total newly granted and adjusted capital is VND 34,963 billion. Compared to the same period in 2021, the total newly granted and adjusted capital increased by 38.98%.
