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KINHBAC CITY DEVELOPMENT

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CONSTRUCTION GROUNDBREAKING OF COMPLEX OF PROJECTS IN NHA MAC LAGOON (QUANG NINH PROVINCE)

On September 1st, 2022 at Nha Mac lagoon, Lien Vi commune, Quang Yen town, Quang Ninh province, the ceremony of granting the investment certificate and starting the construction of a complex of high-class factories took place at Nha Mac lagoon. The complex of high-class factory projects in Nha Mac lagoon is invested and built by a consortium of two investors, Saigon-Hai Phong Industrial Park Corporation (SHP) and Saigon Telecommunication & Technologies Corporation (Saigontel).

Attending the ceremony were: Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc; Permanent Deputy Secretary of the Provincial Party Committee, Head of the Delegation of the National Assembly of Quang Ninh Province Ngo Hoang Ngan; Permanent Vice Chairman of Provincial People's Council Vi Ngoc Bich; Vice Chairman of the Provincial People's Committee Bui Van Khang and leaders of a number of central agencies and relevant departments and localities of Quang Ninh province. On the investors’ side, there were Mrs. Nguyen Thi Thu Huong, General Director of KinhBac City Urban Development Holding Corporation (KBC), leaders of KBC, leaders of SHP and Saigontel Consortium. Leaders of many domestic and foreign enterprises, organizations, contractors, consulting companies and numerous press agencies also attended and reported on the event.

Speaking at the ceremony, Vice Chairman of the Provincial People's Committee Bui Van Khang affirmed: The issuance of the Investment Registration Certificate and the groundbreaking of the project complex of industrial factories at Nha Mac lagoon, Quang Yen town were an extremely important ceremony for Quang Ninh province in the current situation. This was the first complex of projects in the field of processing and manufacturing industry deployed by domestic investors on a large scale in Quang Yen coastal economic zone after it was established by the Prime Minister in 2020.


Vice Chairman of Quang Ninh Provincial People's Committee Bui Van Khang spoke at the ceremony

Quang Ninh province highly appreciated the efforts of the investors’ consortium of SHP and Saigontel because, in a short time, they could actively coordinate with the provincial authorities to quickly complete procedures for the investment, planning, construction, environment, land, etc. At the same time, Quang Ninh province also praised Quang Ninh Economic Zone’s Management Board and departments, branches and localities for being active, proactive and accompanying investors in speeding up the completion of documents and legal procedures, submitting them to competent authorities for approval.

Vice Chairman of the Provincial People's Committee Bui Van Khang suggested that investors closely follow the actual situation and be drastic in the operation and management of quality and investment capital; meanwhile, research and propose solutions to accelerate the implementation of projects, ensure safety, strictness and compliance with the law. The Management Board of Quang Yen Economic Zone and Quang Yen Town, departments and agencies closely coordinated with investors in handling administrative procedures, removing difficulties and obstacles, and ensuring security safety in the implementation process to ensure the scheduled progress.


Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc spoke at the ceremony

Speaking at the ceremony, Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc praised Quang Ninh's achievements over the past time in effectively implementing three strategic breakthroughs: investment environment improvement, administrative reform, socio-economic growth and investment attraction. With the results achieved, Quang Ninh was an attractive destination for investors. In particular, the project complex of industrial manufacturing factories at Nha Mac lagoon, Quang Yen town was a clear proof of the attractiveness of the investment environment of Quang Ninh province.

Deputy Minister Nguyen Thi Bich Ngoc suggested that Quang Ninh province and departments, branches and localities continue to closely coordinate with investors to promote the project to be implemented on schedule, accomplish the set objectives, and ensure quality; so that, they could continue to attract more green projects and clean industry in the field of processing and manufacturing. The Ministry of Planning and Investment would always accompany and remove difficulties for the province and investors to promote the project fast, as well as realize the goals of Quang Yen Marine Economic Zone.

Representatives of investors of Quang Yen electronics factory project and Agricultural machine engine spare parts factory project received the Investment Certificate with the witness of central leaders, leaders of Quang Ninh province and Quang Yen town

Delegates pressed the button to start the project of Quang Yen Electronics Factory located in the complex of industrial production plants in Nha Mac lagoon 

According to the detailed construction planning of scale 1/500, the complex of high-class factories in Nha Mac lagoon, Quang Yen town, is an area of more than 100ha, divided into 4 factory areas including: NA7-1, NA7-2, NA8-1 and NA8-2.

Up to now, the project complex has 2 components that have been granted investment registration certificates, including: Quang Yen electronics factory project at land lot NA8-2 and Agricultural machinery engine spare parts factory project at land lot NA8-1, which are invested by Saigon - Hai Phong Industrial Park Corporation (SHP) of KinhBac City Urban Development Holding Corporation (KBC). In particular, Quang Yen electronics factory project has completed legal procedures to start construction with a total investment of over VND 1,400 billion, expected to be put into operation in the third quarter of 2023.

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