Manufacturing News 21/11/2024, 09:48

Government approves investment policy for Cam Lien Industrial Park in Quang Binh Province

On November 16, the Management Board of the Economic Zone in Quang Binh Province announced that the Cam Lien Industrial Park had received government approval for its investment policy. This creates favorable conditions for the province to attract investment and drive socio-economic development in its Southern region.

Government approves investment policy for Cam Lien Industrial Park in Quang Binh Province

Specifically, under Decision No. 1388/QD-TTg, dated November 15, 2024, Deputy Prime Minister Tran Hong Ha approved the investment policy for the construction and operation of infrastructure at the Cam Lien Industrial Park, located in the communes of Cam Thuy, Thanh Thuy, and Ngu Thuy Bac in Le Thuy District, Quang Binh Province. The project’s investor has been identified as Capella Quang Binh Investment Co., Ltd.

The Deputy Prime Minister instructed the People's Committee of Quang Binh Province to oversee the Economic Zone Management Board in guiding the investor to determine the total investment capital, ensuring it aligns with the project’s scale of 450 hectares, and to manage public assets within the project area.

Cam Lien Industrial Park is strategically located along National Highway 1A, offering excellent transportation connectivity. It is 38 km from Dong Hoi City and 40 km from Dong Hoi Airport. Goods can be efficiently transported via this route to Hon La Port (Quang Binh), Vung Ang Port (Ha Tinh), Chan May Port (Thua Thien Hue), and Tien Sa Port (Da Nang), facilitating import-export operations.

The industrial park occupies the region’s highest terrain, ensuring it remains unaffected by flooding.

According to the investor, Cam Lien Industrial Park is a multi-sector industrial zone, attracting a variety of industries, including electronics, supporting industries, construction materials, mechanical engineering, and garment manufacturing.

In 2021, Capella Quang Binh Investment Co., Ltd. proposed the development of Cam Lien Industrial Park to the provincial leadership, with a planned area of approximately 453 hectares and a total investment capital of 1.8 trillion VND (approximately 74 million USD).

NHAN DAN/ TRANSLATOR: NGỌC ÁNH
Share

Sign up for more information