On March 9, Quang Ninh province held the inauguration ceremony of Phuong Nam Industrial Cluster (IPC) in Phuong Nam ward, Uong Bi city, Quang Ninh province.
Speaking at the ceremony, Mr. Nghiem Xuan Cuong - Vice Chairman of Quang Ninh Provincial People's Committee, emphasized that the completion of Phuong Nam Industrial Park contributes significantly to concretizing the orientations in the Quang Ninh Provincial Planning for the period 2021 - 2030, with a vision to 2050 and Resolution No. 01-NQ/TU of the Provincial Party Committee on rapid and sustainable development of the processing and manufacturing industry for the period 2020 - 2025, with a vision to 2030.
Phuong Nam Industrial Cluster is expected to create development momentum for Uong Bi City, Quang Ninh Province (Photo: Contributor).
To maximize the advantages of Phuong Nam Industrial Park, Mr. Nghiem Xuan Cuong suggested that Uong Bi City coordinate with investors and related departments and branches to promote investment attraction, especially investment projects in the field of processing and manufacturing industry. Thereby, creating momentum for new development steps of Uong Bi City as well as Quang Ninh province.
Phuong Nam Industrial Park was established under Decision No. 729/QD-UBND dated March 9, 2021 of the People's Committee of Quang Ninh province. This is a key project in Uong Bi city with the goal of creating a favorable environment for production and business activities as well as creating stable jobs for local people. At the same time, realizing the goal of making Uong Bi city a driving force for development in the green urban - industrial chain in the West of Quang Ninh province.
The investor of Phuong Nam Industrial Park has completed the infrastructure to welcome investors (Photo: Contributor).
Phuong Nam Industrial Park has an area of 62 hectares with a total investment capital of more than 600 billion VND invested by Cam Thinh Industrial Park Joint Stock Company. Of which, the land area for construction of production facilities accounts for 75%, the rest is for construction of traffic works, green trees, management and operation centers, and general services.
According to information from Cam Thinh Industrial Cluster Joint Stock Company, there are currently 10 secondary investors registered to build production facilities at Phuong Nam Industrial Cluster. It is expected that by June 2024, the land fund of Phuong Nam Industrial Cluster will be basically filled .
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