Hoa Phu industrial park readies to welcome investors

Update: 16:33 | 07/11/2021

(BGO) – Focusing to plan the landscape, develop synchronous infrastructure, invest in modern centralized waste water treatment system with huge capacity, Hoa Phu Industrial Park (IP) in Bac Giang province is now attractive destination for many investors.

Contributing to provincial economic growth

Bac Giang province has recently gained strong economic breakthrough. Amid numerous difficulties caused by Covid-19 pandemic, this year the province had high economic growth comparing to national average.

Hoa Phu industrial park, welcome investors, Bac Giang province, synchronous infrastructure, huge capacity, attractive destination, economic growth

Hoa Phu industrial park.

Since early this year, the foreign direct investment to the province has nearly doubled last year figure, helping Bac Giang rank seventh nationwide. The success is achieved thanks to the contribution of Hoa Phu IP, one of five IPs in the province with effective operation.

One of investment project newly approved to Hoa Phu IP early this year is 75 million USD project of Risesun Singapore Company to produce plastic and stone floor for construction with estimated productivity of over 75 million square meters of product per year. The project uses 17 ha of land and is now completed.

So far, 20 businesses have implemented projects in Hoa Phu IP, 18 of which were granted with investment registration certificate and six enters operation stage. The occupancy rate hits over 75 percent at the IP with total investment capital of 317.7 million USD.

Hoa Phu IP covers totally over 207 ha in several communes of Mai Dinh, Chau Minh and Huong Lam (Hiep Hoa district). Basically, its synchronous infrastructure has been completed which greatly lures many domestic and foreign investors.

Oriented to be an outstanding ecological IP in Bac Giang province in particular and an economic hub in the North in general, Hoa Phu IP investor – Hoa Phu Company has paid due attention to building modern technical infrastructure with synchronous system of tree, landscape, waste material and gas treatment.

So far, 20 businesses have implemented projects in Hoa Phu IP, 18 of which were granted with investment registration certificate and six enters operation stage. The occupancy rate hits over 75 percent at the IP with total investment capital of 317.7 million USD.

Meeting demand of investors

To satisfy the increasing demand of sub-investors, Hoa Phu Company focused all human resources on promptly constructing Clean Water Distribution Plant and Waste Water Treatment Plant at Hoa Phu IP in second stage and timely put them in operation on recent occasion of Reunification Day September 2.

Hoa Phu industrial park, welcome investors, Bac Giang province, synchronous infrastructure, huge capacity, attractive destination, economic growth

The production line of spare parts for electronic equipment at Republic of Korean invested Alpha Green Tech Vina Company Limited in Hoa Phu industrial park.

Two plants have design capacity of 6,000 cubic meters per day and night so they can ensure to supply clean water and treat waste water for many investors to the IP.

To attract and meet strict demand of foreign direct investment (FDI) businesses, the IP investor has prioritised to invest in the tree landscape, water ditch to create green space in the middle of the IP. Hoa Phu IP not only satisfies criteria on modern technical infrastructure but also becomes a highlight on green – sustainable industrial environment.

To ensure the approved schedule of project implementation, Hoa Phu Company proposed the provincial IP Management Board and authorities to further support the investor in proceeding site clearance and relating tasks.

Hoa Phu industrial park, welcome investors, Bac Giang province, synchronous infrastructure, huge capacity, attractive destination, economic growth

Many factories inside Hoa Phu industrial parks are completed and operated.

Located at a land with sufficient “golden” factors in the Northern economic corridor, Hoa Phu IP has attracted many FDI companies, domestic investors as well as big scale projects to bring socio-economic benefit to Bac Giang province.Now, clean planes in Hoa Phu IP are available to welcome domestic and foreign investors.

Hoa Phu IP promises to be an ideal destination for enterprises as a sharply attractive IP to contribute to the economy in Bac Giang in particular and in Vietnam in general.

 

The Dai
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