PRESS RELEASE BREAKING FESTIVAL OF INFRASTRUCTURE INVESTMENT AND BUSINESS PROJECT INDUSTRIAL PARK AND CUSTOMS NON-TAX AREA XUAN CAU
HAI PHONG CITY PEOPLE’S COMMITTEE
PRESS RELEASE
Groundbreaking ceremony of infrastructure construction and business investment project
Xuan Cau Industrial Park and Non-Tariff Zone
(May 13th 2023)
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On May 13, 2023, Hai Phong City People’s Committee and Xuan Cau – Lach Huyen Investment Joint Stock Company solemnly held the Groundbreaking Ceremony of the Industrial Park infrastructure business and construction investment project. and Xuan Cau non-tariff zone. This is an important event to celebrate the 68th anniversary of Hai Phong Liberation Day (May 13, 1955 – May 13, 2023), the Red Phoenix Flower Festival – Hai Phong 2023.
Investment project on construction and infrastructure business of Xuan Cau industrial park and non-tariff zone approved by the Prime Minister in accordance with Decision No. 535/QD-TTg dated April 1, 2021; Hai Phong Economic Zone Authority granted the Investment Registration Certificate on December 6, 2021; granted construction permit for phase 1 of the project at Construction Permit No. 1789/GPXD dated 21/4/2023.
The project of investment in construction and infrastructure business of Xuan Cau industrial park and non-tariff zone has a scale of 752ha, including 369ha of industrial production area and 173ha of warehouse and logistics service area. Location The project is located right behind and adjacent to 6km in length with Lach Huyen deep-water port, which is the basis for forming an industrial park associated with modern domestic and regional seaports. At the same time, the project will act as a logistics area for Lach Huyen Port, which is capable of receiving container ships of up to 150,000DWT for direct sea routes to Europe and America.
The formation of Xuan Cau industrial park and non-tariff zone along with the system of deep-water wharfs of Lach Huyen International Port will create a complete structure of technical infrastructure, making the most of the port’s value chain. Lach Huyen international zone as well as the non-tariff area – logistics and industry in this area. The project promises to attract the world’s leading units in the field of shipping – logistics, establish a new transshipment center of goods, having the impact of changing the inherent trade flow of the world; is the basis for strongly attracting FDI inflows into Hai Phong and the North of Vietnam, contributing to promoting the socio-economic development of the city and the whole country.
The project is implemented to realize the guiding point of view in the spirit of Resolution No. 45 of the Politburo on construction and development of Hai Phong city by 2030, with a vision to 2045 with the following objectives: to develop Hai Phong into a leading city in the whole country in the cause of industrialization and modernization; development dynamics of the Northern region and the whole country; have modern, intelligent and sustainable industrial development; modern and synchronous transport infrastructure, which is conveniently connected to domestic and international markets by road, rail, sea and air; importance of logistics services; international center for education, training, research, application and development of science – technology, variable economy; the material and spiritual life of the people has been continuously improved to the level of typical cities in Asia; social order and safety are ensured, national defense and security are maintained.
Some information about the project:
- Project: Dự án đầu tư xây dựng và kinh doanh cơ sở hạ tầng Khu công nghiệp và Khu phi thuế quan Xuân Cầu.
- Investor: Công ty Cổ phần đầu tư Xuân Cầu – Lạch Huyện.
- Construction investment scale:Investment in construction and business of technical infrastructure in Xuan Cau industrial park and non-tariff zone with an area of 752ha.
- Construction site: Lach Huyen international gateway port area, Dinh Vu – Cat Hai economic zone.
- Total investment: 11,100 billion VND.
- Project preparation and implementation progress: From 2022 – 2033.
+ Phase 1: 234,2ha, Phase: 2022 – 2025.
+ Phase 2: 332,45ha, Phase: 2026 – 2030.
+ Phase 3: 185,35ha, Phase 2031 – 2033.
- Investment capital sources: Equity, other mobilized capital and borrowed capital.