The Provincial People's Committee has just issued Decision No. 402/QD-UBND, dated February 6, 2025, on the establishment of Xuan Cao 2 Industrial Cluster, Thuong Xuan District. Accordingly, Xuan Cao 2 Industrial Cluster has an area of about 43.19 hectares with a total expected investment capital of VND 280 billion.
Producing plywood for export at Thanh Hoa Wood Industry Company Limited in Luan Thanh commune, Thuong Xuan. (Illustration photo).
According to Decision No. 402/QD-UBND, Xuan Cao 2 Industrial Park has the following boundaries: To the North, it borders the road from National Highway 47 to To Rong Bridge; to the East, it borders forestry land next to the 500kV power line corridor; to the South, it borders forestry land; to the West, it borders forestry land and current residential areas.
Xuan Cao 2 Industrial Cluster will have the following main business lines: Food production and processing; products of corrugated paper, corrugated cardboard, packaging from paper and cardboard (from rolled paper, rolled fabric, rolled canvas); production of garments and accessories for the garment industry (except fur garments); wood processing and production of products from wood, bamboo, rattan, production of products from straw, thatch and plaiting materials; Production of fertilizers and nitrogen compounds (only mixing, compressing, pressing); Cutting, shaping and finishing stone; Production of electronic products, computers and optical products; Production of electrical equipment; Production of sports and exercise equipment; Production of toys, games and other industries in compliance with the provisions of law.
The investor in the construction of the technical infrastructure of Xuan Cao 2 Industrial Park is Tay Do Infrastructure Investment Joint Stock Company. The total investment capital is expected to be 280 billion VND. Of which, the owner's equity is about 42 billion VND (accounting for 15%), bank loans and other legal mobilization is 238 billion VND (accounting for 85%).
Regarding the progress of the technical floor construction investment project: Complete the conversion of forest land before March 31, 2026; complete the establishment and appraisal of fire prevention and fighting and approve the construction drawing design before March 31, 2026.
Complete compensation and site clearance work before October 30, 2026; Complete land lease with the State and construction permit issuance, start construction before December 30, 2026. Complete investment in construction of technical infrastructure of the Industrial Park before December 31, 2027.
From the first quarter of 2028, complete the process of putting into use; attract secondary investment projects into the industrial cluster; establish and approve the Regulations on providing and managing public services and utilities in the industrial cluster.
The Provincial People's Committee requires that during the project implementation process, the investor is responsible for reporting to the Department of Industry and Trade the implementation results of each project progress milestone (no later than 15 days after the expiration of each milestone); implement the periodic reporting regime according to regulations.
Viet Huong
Source: https://baothanhhoa.vn/thanh-lap-cum-cong-nghiep-xuan-cao-2-huyen-thuong-xuan-239057.htm
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