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Quang Ninh Province has approved the investment policy and the investor for a project to build infrastructure for an industrial park in the Northeast Airport area of Van Don Special Economic Zone, with a total capital of 2,578 billion dong, aimed at building and operating industrial park infrastructure under the form of a supporting industrial park, with a 50-year operating term. The project spans about 347.79 hectares of land, to be implemented in two phases. Phase 1 covers 202.68 hectares and is expected to be completed within 36 months from the land handover. Phase 2 covers 145.11 hectares and is to be completed within 18 months from land handover. The total investment of the project is 2,578 billion dong, consisting of the investor's capital (Quang Ngan Industrial Investment and Development Joint Stock Company) 386.7 billion dong and mobilized capital of 2,191.3 billion dong. According to the province's policy, the industrial park will prioritize attracting investment projects using modern technology, environmentally friendly, and with high value addition, using land, water and energy resources efficiently; it will not accept projects that consume energy or pose risks of environmental pollution. The province assigns the Quang Ninh Economic Zone Management Board and the Van Don Special Zone People's Committee to closely monitor progress, environmental protection, and land clearance. The investor is responsible for signing a deposit to guarantee the project and for strictly complying with land, construction, and cultural heritage regulations of the area. The Van Don Special Zone People's Committee has also developed a plan to develop processing and manufacturing industries within the zone for 2026-2030. The Special Zone aims to develop rapidly and sustainably the industrial sector, with focus and priorities based on differentiated potential, standout opportunities, and the special position of the Van Don Economic Zone. At the same time, it will maximize the use of incentives offered by the central and provincial authorities to attract selectively intelligent, high-tech, environmentally friendly industries with high value addition, modern governance, efficient resource use, and significant contributions to budget growth. Notably, the Special Zone emphasizes developing industrial parks according to a 3-in-1 model: industrial park, urban area, and service area, with synchronized, modern technical and social infrastructure, distinctive services and utilities, creating a civilized and safe working and living environment; creating jobs and raising incomes for workers, linked to improving living standards for residents.
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