Mr.Believer
posted on 28/03/2024
The Ministry of Planning and Investment has submitted a proposal to the Prime Minister for consideration and approval of the investment principle to construct and operate infrastructure for an industrial park covering an area of 964.8 hectares in the Vung Ang Economic Zone, Ky Anh town, Ha Tinh province.
This project is located in the central area of plots CN4 and CN5 within the Vung Ang Economic Zone, with Vinhomes Industrial Parks Investment Company as the main investor, with a total investment capital of over 13,270 billion VND (equivalent to 540 million USD). Of this, the investor's contribution is nearly 2,000 billion VND, and the project is expected to be completed by the end of the fourth quarter of 2030.
According to research, Vinhomes Industrial Parks Investment Company has a charter capital of 18,500 billion VND and is a subsidiary of Vinhomes Joint Stock Company (stock code VHM) with a 51% ownership stake. Vingroup Corporation - JSC (stock code VIC) currently holds a controlling stake of 69.34% in Vinhomes.
In May 2023, at the announcement conference for the provincial planning period 2021-2030, with a vision to 2050 and investment promotion in Ha Tinh province, Vingroup Corporation signed a memorandum of cooperation with the provincial People's Committee regarding the industrial park project.
In addition to the industrial park project, Vingroup Corporation is investing in other large-scale projects in Ha Tinh province, including the VinES electric vehicle battery factory in the Vung Ang Economic Zone. The corporation is also proposing investments in a seaport and logistics project worth 40,000 billion VND and the Ky Ninh resort tourism project in the Vung Ang Economic Zone.
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