SOURCE: INVESTMENT NEWS

On June 25, Ha Tinh Provincial People’s Committee coordinated with Vietnam Singapore Urban and Industrial Park Development Joint Stock Company (VSIP) to hold a groundbreaking ceremony for the Bac Thach Industrial Park infrastructure investment and construction project. Ha (Ha Tinh)

Attending the ceremony were Member of the Party Central Committee, Deputy Prime Minister Tran Hong Ha; Representatives of leaders and former leaders of central departments, ministries and branches; investor representative (VSIP Group); diplomatic agencies and international organizations; leaders of Ha Tinh province and a number of provinces and cities in the country.

The investment project for construction and infrastructure business of Bac Thach Ha Industrial Park was approved for investment policy according to Decision No. 1003/QD-TTg dated August 29, 2023 of the Prime Minister. The project is invested by Vietnam Singapore Urban and Industrial Park Development Joint Stock Company (VSIP).

The total investment of the project is more than 1,555 billion VND. The project land use scale is 190.41 hectares, invested and built in 2 communes Thach Lien and Viet Tien in Thach Ha district, Ha Tinh.

Speaking at the groundbreaking ceremony, Mr. Vo Trong Hai, Chairman of the Provincial People’s Committee, expressed: This is a particularly important event; is one of the contents to concretize the Vietnam – Singapore investment cooperation memorandum, signed on August 29, 2023 – on the occasion of the Prime Minister of Singapore’s official visit to Vietnam – commemorating the 10th anniversary of establishing relations. strategic partnership.

Chairman of Ha Tinh also emphasized that for Ha Tinh, this project marks a breakthrough in attracting investment and developing industry in depth, associated with the goals of green growth and sustainable development; making an important contribution to increasing budget revenue, strengthening Ha Tinh’s internal resources for development investment, creating jobs and better solving social security issues; along with other key projects contributing to gradually turning Ha Tinh into one of the development spots of the North Central and Central Coast regions.

Mr. Tan Cheng Guan – Executive Vice President of Sembcorp Industries Group – Representing the investor spoke at the groundbreaking ceremony: “The strong development of VSIP Group is a testament to the lasting friendship relationship. long-term relationship between the two countries. Since the first industrial park was established in 1996 in Binh Duong province, VSIP has succeeded in replicating the model of industrial, urban and service complexes. samples across 13 provinces and cities of Vietnam. And today, we mark another important milestone, the Groundbreaking Ceremony of the VSIP Ha Tinh Industrial Park Project in the North Central region.”

“We are very pleased that the Master Plan of Ha Tinh province has set the goal of promoting development until 2030, with a vision to expand to 2050. Ha Tinh province strives to become a driving force by 2030. growth and economic pillar of both the North Central and Central Coast regions. We believe that VSIP Ha Tinh can act as a catalyst and driving force to achieve the goals set by the Province. out,” said Mr. Tan Cheng Guan.

At the ceremony, Deputy Prime Minister Tran Hong Ha emphasized that this is not only an important event to promote the process of industrialization and urbanization, making Ha Tinh a modern industrial province with sustainable development. sustainability of the North Central and South Central Coast regions, but also a vivid demonstration of the effective and strong cooperation between Vietnam and Singapore over the past 50 years.

The Deputy Prime Minister also expressed his interest, hope and desire for Singapore to continue to be a leading investor in Vietnam. VSIP Ha Tinh Industrial Park project will be a model of green, smart and modern industrial park. Investors need to have policies that prioritize training and recruiting on-site workers; Arrange resettlement in synchronous urban areas. The success of investors is the success of the state, which brings jobs, livelihoods and conditions to enjoy high quality social services for the people.

Leaders of Ha Tinh Provincial People’s Committee shared that the implementation and completion of infrastructure investment to bring VSIP Ha Tinh Industrial Park into operation is expected to bring great benefits to investors, positively contributing to the Improve the industrial production value and export value of the province’s goods, create more jobs and income for local workers, increase revenue for the state budget, and contribute to the economic and social development of the province. province quickly and sustainably.

In the coming time, the departments and branches of the province will continue to pay attention and create the most favorable conditions for investors to speed up construction progress; Regularly monitor, inspect, and promptly assist investors in resolving problems that arise during project implementation.