Approval of investment policy for infrastructure of Vinhomes Vung Ang industrial park (Ha Tinh)

Part of Vung Ang Economic Zone, Ky Anh town, Ha Tinh province.

Specifically, the Deputy Prime Minister approved Vinhomes Industrial Park Investment Joint Stock Company as the project investor.

The project is implemented in the central industrial park lot CN4, CN5 of Vung Ang economic zone, Ky Anh town, Ha Tinh province with a total investment capital of 13,276,491 billion VND, of which the investor's contributed capital is 1,991,473 billion VND.

The Deputy Prime Minister assigned the Ministry of Planning and Investment to be responsible for the assigned contents of appraising project investment policies and performing state management of industrial parks in accordance with the provisions of the Investment Law and relevant laws.

Relevant Ministries are responsible for the content of project investment policy appraisal within their functions and tasks according to the provisions of the Investment Law and relevant laws.

The People's Committee of Ha Tinh province ensures the accuracy of information, reported data, and appraisal contents according to the provisions of law; is responsible for the project's conformity with the planning approved by competent authorities; and accepts the opinions of the Ministries.

At the same time, ensure the conditions, order and procedures for land lease, permission to change land use purposes, including rice-growing land to implement projects according to the provisions of law; have a plan to supplement land area or increase the efficiency of using other rice-growing land to compensate for converted rice-growing land according to the provisions of Clause 1, Article 134 of the Land Law; inspect and supervise the separation and use of topsoil according to the provisions of Clause 4, Article 14 of Decree No. 94/2019/ND-CP dated December 13, 2019 of the Government detailing a number of articles of the Law on Cultivation on plant varieties and cultivation; properly implement the regulations on compensation, support and resettlement when the State reclaims land; Review and ensure the leasing of land areas allocated by the State for management as prescribed in Article 8 of the Land Law, agricultural land used for public purposes, land that land users do not have the right to transfer, lease, or contribute capital using land use rights according to the provisions of the law on land; preside over and coordinate with the Ministry of Finance and the Ministry of Natural Resources and Environment to recover compensation and site clearance costs for the area of ​​54.5 hectares to the state budget in accordance with the provisions of law, not to cause loss of state assets.

The People's Committee of Ha Tinh province is responsible for land allocation, land lease, and permission to change land use purposes to implement the project, which must be consistent with the land indicators in the national land use planning and plan until 2030 and until 2025 allocated to Ha Tinh province according to Decision No. 326/QD-TTg dated March 9, 2022 of the Prime Minister on allocating land use planning indicators for the period 2021 - 2030, the national land use plan for the 5-year period 2021 -2025, Decision No. 227/QD-TTg dated March 12, 2024 of the Prime Minister on adjusting a number of land use indicators until 2025 allocated by the Prime Minister in Decision No. 326/QD-TTg and land use indicators of Ha Tinh province for the period 2021-2030 approved in Decision No. 1363/QD-TTg dated November 8, 2022 of the Prime Minister approving the Planning of Ha Tinh province for the period 2021 - 2030, with a vision to 2050.

The People's Committee of Ha Tinh province coordinates with the Ministry of Agriculture and Rural Development in the process of developing national forestry planning, ensuring the consistency of forestry content in the approved Ha Tinh provincial planning with the content of the national forestry planning being prepared.

Only implement the project after meeting the prescribed conditions.

The People's Committee of Ha Tinh province directed the Management Board of Ha Tinh Economic Zone and relevant agencies to review and ensure that the project implementation area is suitable for the requirements of protecting and promoting the value of cultural heritage and the conditions prescribed by law on cultural heritage.

At the same time, investors are required to: (i) specify the progress of attracting investment projects to implement industry clusters as prescribed in Point a, Clause 5, Article 8 of Decree No. 35/2022/ND-CP to be specified in the Investment Registration Certificate; (ii) during the project implementation process, if minerals are discovered to have a higher value than minerals used as common construction materials, they must be reported to the competent state agency for settlement in accordance with the provisions of the law on minerals; (iii) implement the plan to restore the irrigation system and canals as determined in the general planning for construction of Vung Ang economic zone, the zoning plan for construction of the central industrial park of lots CN4 and CN5 approved by competent authorities and in accordance with the provisions of the law on irrigation to ensure that the implementation of the project does not affect the management and operation of the irrigation system and the cultivation capacity of surrounding people; (iv) make a deposit or have a bank guarantee for the deposit obligation to ensure project implementation as prescribed in Article 43 of the Investment Law, Articles 25 and 26 of Decree No. 31/2021/ND-CP.

At the same time, monitor and evaluate the attraction of investment projects to implement industry clusters in accordance with the provisions of Clause 1, Article 23 of Decree No. 80/2021/ND-CP dated August 26, 2021 of the Government detailing and guiding the implementation of a number of articles of the Law on Support for Small and Medium Enterprises, Clause 3, Article 9 of Decree No. 35/2022/ND-CP and the implementation of commitments as prescribed in Point b, Clause 2, Article 68 of Decree No. 35/2022/ND-CP; monitor and evaluate investment projects as prescribed in Article 70 of the Investment Law.

There are solutions to support attracting investment projects to implement industry clusters in Vinhomes Vung Ang industrial park in accordance with the orientation of focusing on developing industrial production sectors of the North Central region and the Central Coast as prescribed in Point b, Clause 1, Article 3 of Resolution No. 81/2023/QH15 dated January 9, 2023 of the National Assembly on the national master plan for the period 2021-2030, with a vision to 2050; the direction of developing industrial parks as prescribed in Point a, Section 3, Part V, Article 1 of Decision No. 376/QD-TTg dated May 4, 2024 of the Prime Minister approving the Planning of the North Central region and the Central Coast for the period 2021-2030, with a vision to 2050; Orientation of industrial development and Industrial Park Development Plan in Ha Tinh Provincial Planning approved at Point a, Clause 1, Section III, Point b, Clause 5, Section IV, Article 1 of Decision No. 1363/QD-TTg; strengthening the connection between industrial parks in Ha Tinh province to attract investment projects to implement industry clusters in Vung Ang economic zone.

Ensure that the location and area scale of the project are implemented in accordance with the project investment policy approved by competent authorities; guide, inspect and supervise investors in implementing the construction zoning plan of the central industrial park lots CN4 and CN5 approved by competent authorities, completing construction procedures according to regulations; the land use structure of the project and the environmental safety distance comply with the National Technical Regulations on construction planning and other relevant legal regulations; invest in the construction of Vinhomes Vung Ang industrial park to ensure connection with the remaining zonings of the central industrial park CN4 and CN5 with a synchronous and modern technical infrastructure system and technical infrastructure connection according to the provisions of the law on construction to create favorable conditions to attract investment projects to implement industry clusters.

Vinhomes Industrial Park Investment Joint Stock Company (investor) is responsible before the law for the legality, accuracy and honesty of the content of the project dossier and documents sent to competent state agencies.

Use the owner's capital contribution in accordance with the commitment and comply with the provisions of the law on land and other relevant legal provisions; increase the owner's capital contribution or have a plan to mobilize other legal capital sources in case of not mobilizing enough credit capital for the project; fully meet the conditions prescribed in Clause 2, Article 4 of Decree No. 02/2022/ND-CP when conducting industrial park infrastructure business activities; have a specific plan for recovering receivables.

Investors are only allowed to implement the project after meeting all conditions prescribed by law, including being permitted by competent authorities to convert the purpose of using rice-growing land and being responsible for paying a sum of money to protect and develop rice-growing land according to the provisions of Clause 3, Article 134 of the Land Law and Article 45 of Decree No. 43/2014/ND-CP dated May 15, 2014 detailing the implementation of a number of articles and clauses of the Land Law...

Source: https://baotainguyenmoitruong.vn/chap-thuan-chu-truong-dau-tu-ket-cau-ha-tang-khu-cong-nghiep-vinhomes-vung-ang-ha-tinh-376668.html