Having just been questioned by shareholders because of its lack of real estate plans, Hoa Phat received news of approval to invest in a 2,600 billion VND project in Hung Yen.
According to the Government Newspaper, Deputy Prime Minister Le Van Thanh has just signed Decision No. 650/QD-TTg dated May 27, 2022 approving the policy of investment in construction and infrastructure business of Yen My II industrial park expanded. , hung Yen province.
The project is implemented in Trung Hung commune, Trung Hoa commune and Yen My town, Yen My district, Hung Yen province with a scale of 216 hectares. The total investment capital of the project is about more than 2,682 billion VND.
Previously, in March 2021, the People’s Committee of Hung Yen province had a decision to approve the task of making construction zoning planning at the rate of 1/2000 Adjusting and expanding Yen My II Industrial Park.
The above project is developed by Hoa Phat Hung Yen Industrial Park Infrastructure Development Co., Ltd – a member of the Group Hoa Phat being an investor.
Yen My II Industrial Park is planned to attract investment in clean production sectors and industries with little impact on the environment such as: Manufacturing and manufacturing electrical, electronic and refrigeration equipment, products from new technology; manufacturing, mechanical engineering, machinery and equipment, production of consumer goods (excluding projects in the textile and garment industry, thick leather, processing agricultural products and food).
Yen My II Industrial Park Expansion Plan
A few days ago, at Hoa Phat’s 2022 Annual General Meeting of Shareholders, Chairman Tran Dinh Long also received many questions from shareholders regarding the lack of clear and unclear real estate development plans. clear.
Answering these questions, Mr. Tran Dinh Long said that in the past, businesses also followed the general trend, which was buying land and buying projects to deploy. However, “we haven’t bought any projects yet, which is lucky. Because as everyone knows, many companies issue bonds too easily, with available money, they rush to buy projects, causing real estate prices to go up a lot. high”.
Instead, Hoa Phat will actively go to localities to apply for bidding for urban development programs, then develop the project.
Currently, Hoa Phat’s real estate field includes construction and business of technical infrastructure of industrial parks and housing and urban projects. Currently, Hoa Phat is investing and exploiting technical infrastructure of 3 industrial zones including: Pho Noi A Industrial Park (686ha), Yen My II Industrial Park (phase 1: 97.5ha) – Hung Yen; Hoa Mac Industrial Park – Ha Nam (131ha). Hoa Mac Industrial Park achieved the occupancy rate of over 75% of the area, while Pho Noi A and Yen My II Industrial Parks reached 100% of the area invested in technical infrastructure.
at Blogtuan.info – Source: Soha.vn – Read the original article here
