Prime Minister Pham Minh Chinh attended and pressed the button to start the project.
The Xuan Cau Industrial Park (IP) and Duty Free Zone project has a scale of 752 hectares, including 369 hectares of industrial production area and 173 hectares of warehouse - logistics service area, invested by Xuan Cau - Lach Huyen Investment Joint Stock Company with a total investment of 11,100 billion VND. The project location is right behind and adjacent to Lach Huyen Deepwater Port for 6 km in length, which is the basis for forming an IP associated with a modern domestic and regional seaport.
Prime Minister Pham Minh Chinh and delegates pressed the button to start the project.
Chairman of Hai Phong City People's Committee Nguyen Van Tung said that after completion, the project will act as a logistics area for Lach Huyen Port, which is capable of receiving container ships with a capacity of up to 150,000 DWT traveling on long-distance sea routes directly to Europe and America; promising to attract the world's leading units in the field of maritime transport - logistics, establishing a new cargo transit center, having an impact on shifting the world's inherent trade flows; being the basis for strongly attracting FDI capital flows into Hai Phong and Northern Vietnam, contributing to promoting the socio -economic development of the city and the whole country...
Construction vehicles for groundbreaking ceremony
Previously, the above project was approved by the Prime Minister in principle for investment under Decision No. 535/QD-TTg dated April 1; the Hai Phong Economic Zone Management Board issued an Investment Registration Certificate on December 6, 2021; and granted a construction permit for phase 1 of the Project under Construction Permit No. 1789/GPXD dated April 21.
Perspective of the Project on investment, construction and business of infrastructure of Xuan Cau Industrial Park and Duty Free Zone
The project is implemented to realize the guiding viewpoint in the spirit of Resolution No. 45 of the Politburo on building and developing Hai Phong City to 2030, with a vision to 2045, with the goal of building and developing Hai Phong to become the leading city in the country in the cause of industrialization and modernization; the driving force for development of the Northern region and the whole country.
The project preparation and implementation progress lasts from 2022 - 2033. Of which, phase 1 is implemented from 2022 - 2025.
Speaking at the groundbreaking ceremony, Prime Minister Pham Minh Chinh affirmed that Hai Phong is the locality that attracts the highest investment capital among the provinces and cities in the Red River Delta. Therefore, Hai Phong must make a breakthrough after the issuance of Resolution 45 of the Politburo on the construction and development of Hai Phong City until 2030, with a vision to 2045, and Hai Phong must do that.
Prime Minister Pham Minh Chinh delivered a speech at the groundbreaking ceremony.
Prime Minister Pham Minh Chinh requested localities, ministries and sectors to study more modern and smart duty-free zones and shopping, entertainment and tourism service areas to attract international visitors; at the same time, he hoped to see new duty-free zones formed in the near future.
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