Where is the VSIP project with over 1,555 billion VND invested in construction?

The project worth over 1,555 billion VND invested by VSIP is located in Bac Thach Ha Industrial Park, in Thach Lien and Viet Tien communes (Thach Ha district, Ha Tinh).

Minister of Planning and Investment Nguyen Chi Dung presents decisions approving investment policies for projects in Ha Tinh, Lang Son, Thai Binh and Binh Thuan. Photo: VGP/Nhat Bac.

On August 29, in Hanoi, under the witness of Prime Minister Pham Minh Chinh and Singaporean Prime Minister Lee Hsien Loong, Minister of Planning and Investment Nguyen Chi Dung handed over the investment policy decision for the Bac Thach Ha Industrial Park Infrastructure Construction and Business Investment Project (Ha Tinh).

Accordingly, Decision 1003/QD-TTg of the Prime Minister dated August 29, 2023 on the investment policy of the Bac Thach Ha Industrial Park Infrastructure Construction and Business Investment Project (Phase 1), approved the project investment policy and approved the investor as Vietnam - Singapore Urban and Industrial Park Development Joint Stock Company (VSIP).

Where is the VSIP project with over 1,555 billion VND invested in construction?

Bac Thach Ha Industrial Park has a convenient transportation system.

The project's objective is to invest in the construction and business of industrial park infrastructure. The total investment capital of the project is 1,555.512 billion VND, of which the investor's capital contribution is 233.326 billion VND. The project's land use scale is 190.41 hectares. The project's operating period is 50 years.

The project to invest in construction and business of infrastructure of Bac Thach Ha Industrial Park is located in Bac Thach Ha Industrial Park (with an area of 412.34 hectares in Thach Lien and Viet Tien communes, Thach Ha district).

Planning boundary of Bac Thach Ha Industrial Park:

- The North borders National Highway 1, residential area and agricultural land of Thach Lien commune.

- To the South, it borders National Highway 15B and agricultural land of Viet Tien commune.

- To the East, it borders residential areas of Viet Tien commune and Thach Lien commune.

- The West borders agricultural land of Viet Tien commune and Thach Lien commune (high-speed railway planning).

Where is the VSIP project with over 1,555 billion VND invested in construction?

Bac Thach Ha Industrial Park is a multi-industry industrial park, focusing on developing the following types of industries: manufacturing electrical equipment, electronic products, computers and optical products, solar panels; manufacturing automobiles, motor vehicles and other means of transport; manufacturing drugs, pharmaceutical chemicals, and medicinal materials;

Production of chemicals and chemical products; production and processing of food and beverages; production of leather and related products; production of metals, prefabricated metal products, production of machinery and equipment, metal processing, processing and coating services, etc.

Manufacture of other non-metallic mineral products; manufacture of rubber and plastic products; wood processing and manufacture of wood products; production of paper and paper products; production of clothing and garments; textile industry; production of batteries and accumulators; transportation and warehousing activities; telecommunications, postal services, delivery; printing and copying of all kinds of records; processing and manufacturing industries; energy industry; light industries; supporting industries; trade and service industries; information technology; biotechnology and high-tech technology...

Where is the VSIP project with over 1,555 billion VND invested in construction?

Thach Ha town will develop into a type IV urban area and be the political, economic, cultural and social center of the district.

VSIP is a joint venture between Becamex IDC Corporation (Vietnam) and a consortium of Singaporean investors led by Sembcorp Development LTD (Singapore).

Established in 1996, VSIP has now developed a chain of 13 industrial, urban and service parks with a scale of over 10,362 hectares.

Up to now, Vietnam - Singapore industrial parks have been deployed in many provinces and cities such as Hai Phong, Hai Duong, Bac Ninh, Nghe An, Quang Ngai, Binh Dinh, and Can Tho.

VSIP is providing production infrastructure for 882 customers from 30 countries and territories, with a total investment of 18 billion USD, creating jobs for 288,300 domestic and foreign workers.

Son Ha

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