Recently, People's Committee of Vinh Long Province issued the Decision No. 822/QD-UBND dated April 8, 2021 on establishing Dong Binh Industrial Park (in Binh Minh town) regarding the approval of the Government (in Decision No. 410/ Decision-TTg dated 22/3/2021) on investment policy of infrastructure development project of Dong Binh Industrial Park.
According to this Decision, Dong Binh Industrial Park is located in Dong Hau and Dong Loi hamlets, Dong Binh communes - Dong Hung 1 hamlets and Dong Hung 2 hamlets, Dong Thanh communes and the Investor is TNI Vinh Long Investment Joint Stock Company. The total area of the industrial park is about 350 hectares with a total investment of 3,026,719 billion VND, of which the investor's contributed capital is 454,008 billion VND. The operation duration of an industrial park infrastructure development project is 50 years from the date of issuance of the decision on investment policy.
Head of Vinh Long Industrial Park Management Board, Directors of these Departments: Planning and Investment, Construction, Natural Resources and Environment, Industry and Trade, Agriculture and Rural Development, Finance, Transport, Labor, War Invalids and Social Affairs, Provincial Police, Provincial Tax Department and Chairman of Binh Minh Town People's Committee, based on their functions and tasks of state management, are responsible for guiding, inspecting and supervising the TNI Vinh Long Investment Joint Stock Company in completing the procedures in accordance with the law on planning, construction, land, environment, fire prevention and fighting, escrow to ensure project implementation and other relevant regulations before implementing project; at the same time, the Investor is required to concentrate resources to ensure the timely implementation of the project approved by the Prime Minister./.