380 billion VND invested in building Doan Bai – Luong Phong No.1 Industrial Cluster

Update: 11:26 | 29/01/2019

(BGO) – The People’s Committee in the northern province of Bac Giang has decided to set up Doan Bai – Luong Phong No.1 Industrial Cluster (IC) (Hiep Hoa district), covering 50 hectares in Doan Bai and Luong Phong communes. 

The mechanism of land using is divided into industrial land, public trees, administration, technical infrastructure and transport. The major sectors in the IC are mechanical manufacturing, electronic equipment, electric component erection and production, hi-tech products, garment and textile, construction machine and tool…

Doan Bai – Luong Phong No.1, Industrial Cluster, Bac Giang province, Hiep Hoa district, total capital, construction machine and tool, synchronous technical infrastructures

Illustrative image.

The IC was invested by ASIC Investment Joint Stock Company in Bac Giang city. The total capital for infrastructure construction hit about 380 billion VND (over 16.3 million USD) mobilized from owner’s equity capital and other legal sources.

Accordingly, the investor will make the detail plan, environmental impact assessment, execute land clearance and start the infrastructure construction in 2019 while basically striving to complete the infrastructure and put the wastewater treatment station in operation so as to lure the secondary investors by 2020.

In 2021, the IC is expected to be completed with synchronous technical infrastructures.


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Minh Linh

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