Tan Hung industrial park established

Update: 13:35 | 10/12/2021

(BGO) – The Bac Giang provincial People’s Committee (PPC) has issued the Decision to approve for establishing Tan Hung Industrial Park (IP) in Lang Giang district.

It covers 105.3 ha in Tan Hung and Xuong Lam communes with total investment of 1,185 billion VND (51.6 million USD). Lideco No.1 Joint Stock Company in Hanoi is selected as the investor in charge of constructing and trading the IP infrastructure.

Tan Hung industrial park, Bac Giang province, Lang Giang district, total investment,  IP infrastructure, investment policy, electronic components production

Illustrative image.

The project is valid for 50 years since the date of issuance for investment policy (November 23, 2021).

The PPC orders the investor to manage, invest to build the IP infrastructure in line with the approved plan and current State regulations.

Thus, the province has had seven IP, including Van Trung, Dinh Tram, Quang Chau, Vietnam – Korea (Viet Yen district); Hoa Phu (Hiep Hoa district), Song Khe – Noi Hoang (Yen Dung district and Bac Giang city) and Tan Hung (Lang Giang district).

About 385 businesses have operated inside these IPs, mostly in the field of electronic components production with over 190,000 labours. They contribute to provincial budget about one trillion VND per year.

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