The project of Lach Huyen Non-Tariff – Logistics - Industrial Zone was granted an investment certificate

On the afternoon of December 7th, a ceremony to award the investment registration certificate to the Lach Huyen Non-Tariff - Logistics and Industrial Zone project was held by Hai Phong Economic Zone Authority (HEZA). The ceremony was hosted by Mr. Le Trung Kien - Member of the Standing Committee of the City Party Committee, Head of HEZA. Mr. Le Tri Vu - Member of the Standing Board of the City Party Committee, Head of the Mass Mobilization Department of the City Party Committee; Mr. Tong Van Bang – Chairman of the City Labor Union; representatives of the city's departments, agencies and leadership of Cat Hai district attended the ceremony.

Mr. Le Trung Kien - Member of the Standing Board of the City Party Committee, Head of HEZA awarded the investment certificate to Song Cau - Lach Huyen Investment Joint Stock Company

Lach Huyen Non-Tariff - Logistics and Industrial Zone project covers a total area of 752ha and costs over 11 trillion VND. The project’s construction will started at the beginning of 2022 with its First Phase expected to be completed in 2025, Second Phase in 2030 and Third Phase in 2031. Once put into operation, the project is expected to attract 40,000 - 50,000 employees.

Besides that, the project also has an important position in terms of economy, society, security and defense of the North and the whole country as it is located on the corridor of economic cooperation Kunming - Lao Cai – Ha Noi - Hai Phong and Nanning - Lang Son – Ha Noi - Hai Phong, a growth pole of the Northern key economic region, a hub for Vietnam's goods trade with the world.

Mr. To Dung - Chairman of the Board of Song Cau - Lach Huyen Investment Joint Stock Company speaking at the ceremony

In the past 10 years, Hai Phong seaport area has seen an increase of about 600% in the volume of cargo throughput. Hai Phong's seaport capacity will be increasingly developed with the investment and development of Lach Huyen international gateway port area. With a scale of 23 deep-water terminals, the port can accommodate 100,000 DWT vessels with a total annual throughput capacity of 118 million tons/year.

With nearly 6km length and adjacent to Lach Huyen port system, Lach Huyen Non-Tariff - Logistics and Industrial Zone has a favorable position to develop maximum advantages by applying Regulation of Non-Tariff Zone to attract investment.

Logistic enterprises will be applied the same regulations as bonded warehouses, tax-suspension warehouses, CFS and ICD warehouses, ..; manufacturing enterprises will be applied the same regulations as export processing enterprises...

Mr. Le Trung Kien speaking at the conference

The project is fully designed with technical infrastructure, traffic connections, public utilities, supporting works to ensure environment protection, fire and explosion prevention, and other relevant services to serve the activities of the industrial and non-tariff zones.

Awarding the investment registration certificate to Song Cau - Lach Huyen Investment Joint Stock Company by HEZA is the basis for the project to move into the investment and construction phase and ready to welcome domestic and international investors, thereby contributing to the economic development of the city as well as the whole country.

According to the development orientation, Lach Huyen Non-Tariff - Logistics and Industrial Zone will attract investment projects in many fields such as export goods production, high technology, warehouse construction, logistics...

The project is expected to hand over the premises to customers from January 2023.

Anhp.vn

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