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$100 million IP for Thanh Hoa

Released at: 17:40, 22/09/2015

$100 million IP for Thanh Hoa

Construction gets underway on September 22 at the FLC Hoang Long Industrial Park.

by Hoai An

On September 22 the FLC Group held a breaking ground ceremony for the construction of the FLC Hoang Long Industrial Park in north-central Thanh Hoa province.

The IP covers an area of 286 ha with total investment of VND2.3 trillion ($102.2 million). It was approved by the Prime Minister as a multi-sector IP, focusing on investments in various clean industries.

The FLC Group has committed that by the end of 2017 the FLC Hoang Long Industrial Park will be filled by projects in the first phase and conditions prepared for investment in its second phase. It will mainly attract high-tech and environmentally-friendly projects.

Speaking at the breaking ground ceremony, Deputy Prime Minister Nguyen Xuan Phuc said he hoped the FLC Hoang Long Industrial Park would contribute to the overall development of Thanh Hoa province and he asked that local authorities create the best conditions for the Group to implement the project on schedule.

Chairman of the Provincial People’s Committee, Mr. Nguyen Dinh Quyet, directed related departments and agencies to actively collaborate with the investors so the project proceeds effectively.

The ceremony also saw the signing of the first leasing agreement for the IP, with the HONG FU Shoes Vietnam Co. Ltd.

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