Business

Bien Hoa Industrial Park to close

The southern province of Dong Nai has been working with agencies on a project to turn Bien Hoa I Industrial Zone into a commercial and service centre.
Bien Hoa Industrial Park to close ảnh 1Dong Nai province’s authorities expect to turn Bien Hoa I Industrial zone into a commercial and service area. (Photo: cafef.vn)

Dong Nai (VNA) – The southern province ofDong Nai has been working with agencies on a project to turn Bien Hoa IIndustrial Zone into a commercial and service centre.

The provincial People’s Committee gave approvalfor Sonadezi, an industrial zone development company, to implement the project.

The Bien Hoa I Industrial Zone has 80 businesses,40 of which have a land-lease contract until 2051.

The province said it would take back land frombusinesses that have expired land- lease contracts.

For those businesses that still have land-leasecontracts, the province will offer compensation so they can relocate as soon aspossible.

According to Sonadezi, the total cost of theproject is 15 trillion VND (658 million USD), including 2.4 trillion VND forconstruction and equipment, 7.5 trillion VND for compensation and clearance,and 1.3 trillion VND for supporting businesses and labourers.

The project is expected to be completed by 2025.

Businesses in the industrial zone discharge morethan 9,000m3 wastewater per day into Dong Nai river.

Millions of people in Bien Hoa city andneighbouring southern provinces are affected by the polluted water from the DongNai River.

Nguyen Phu Cuong, secretary of Dong Nai provincialParty Committee, said that, in order to solve environment problems, by the endof 2022 the province would shut down Bien Hoa I Industrial Zone.

The project is expected to bring great benefit,solve environmental problems, and develop the province, he added.

The province proposed this project 10 years ago,but it was delayed due to the authorities’ changing dates on when theindustrial zone should be shut down.-VNA 
VNA
# Dong Nai #Bien Hoa I Industrial Zone #commercial and service centre #Sonadezi #Vietnam #Vietnamplus #Vietnam News Agency Dong Nai
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