Construction for Long Hau 3 IZ gets nod

Thursday, 2016-06-23 12:13:45
 Font Size:     |        Print
 

Long Hau 3 industrial zone is being carried out by Long Hau company at a total investment of over VND1 trillion.
 Font Size:     |  

NDO – Prime Minister Nguyen Xuan Phuc has green lighted the construction and operation of Long Hau 3 industrial zone in southern Long An province.

The VND1 trillion project is being carried out by Long Hau company, the project’s investor, on an area of nearly 124ha in Long Hau commune, Can Giuoc district with an operation duration of 50 years.

It is divided into three stages: stage 1 (40ha) to be implemented during Q1 2016-Q2 2017, stage 3 (40ha) from Q2 2017 to Q1 2018, and stage 3 between Q2 2018 and Q1 2019.

The PM required Long An provincial People’s Committee to work with the project’s investor to implement conversion of cultivation land into IZ land and develop a report on the project’s influence on the environmental as prescribed.

The PM also asked the local authorities to facilitate investment certificate issuance for Long Hau company to deploy the project, as well as speeding up land clearance and compensation with the focus on creating jobs and providing new accommodation for locals whose land was reclaimed for the project.