Deputy Prime Minister Le Minh Khai has just signed a decision approving the investment policy and investor of the project to invest in construction and business of infrastructure of Doc Da Trang Industrial Park in Van Hung Commune, Van Ninh District, Khanh Hoa Province.
Accordingly, the Doc Da Trang Industrial Park Infrastructure Investment and Construction Project is invested by Viglacera Yen My Industrial Park Development Joint Stock Company, implemented on an area of 288 hectares, with a total investment of more than VND 1,800 billion, of which the investor's capital contribution is more than VND 271 billion. The operating period is 50 years, starting from March 18.
The Deputy Prime Minister assigned the Ministry of Planning and Investment and relevant ministries and branches to be responsible for appraising the project investment policy, implementing state management of industrial zones in accordance with the Investment Law and relevant laws. The People's Committee of Khanh Hoa province is responsible for ensuring the accuracy of information, reported data, statistics, land and forest inventories, current status of land and forest use, appraisal contents in accordance with the law; responsible for the project's conformity with the planning approved by competent authorities; and receiving opinions from ministries and branches.
The Deputy Prime Minister also assigned Khanh Hoa province to update the location and area scale of Doc Da Trang Industrial Park in the provincial land use plan for the period 2021-2025; organize the establishment and approval of construction zoning plans according to regulations. At the same time, organize the establishment and implementation of land recovery, compensation, site clearance, conversion of land use purposes, land lease to implement suitable projects, etc.
Khanh Hoa Provincial People's Committee is responsible for directing the Van Phong Economic Zone Management Board 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.
In addition, Khanh Hoa Provincial People's Committee must closely monitor the project implementation progress, the use of committed equity capital to implement the project and the investor's satisfaction of all conditions as prescribed.
The Deputy Prime Minister requested that the project investor use the owner's capital contribution as committed to implement the project, comply with the provisions of the law on land and other relevant legal provisions...
Project investors may only implement the project after meeting all conditions prescribed by law, including being permitted by competent authorities to convert the purpose of rice-growing land use; and are responsible for paying a sum of money to protect and develop rice-growing land according to regulations.
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