Investment license awarded for US$ 128 mln Nam Tien Phong industrial park and seaport project
Located in the area of Dam Nha Mac in Quang Yen town, northern Quang Ninh city, the project of Nam Tien Phong industrial park and seaport is an 100 percent foreign - invested one. Its investor, the Tien Phong Industrial Park Joint Stock Company, is a joint venture among Hong Kong’s Rent A Port, Infra Asia Investment Limited and Belgium’s International Port Engineering and Management.
With the registered capital of US$ 128 million, the Nam Tien Phong Industrial Park and Seaport project will be built on an area of 487 hectares. It is designed as an environmental-friendly industrial park which comprises a system of modern technical infrastructure. The project is expected to be inaugurated in 2015.
Speaking at the investment license awarding ceremony, the Chairman of Quang Ninh PPC Nguyen Van Doc highlighted the importance of the Nam Tien Phong Industrial Park and Seaport project, contributing to accomplishing the province’s target to dramatically improve its infrastructure system. He also directed all relevant departments to offer the investors with favorable conditions to carry out the project.
Quang Ninh will provide all possible support in site clearance, adequately supply power, water so that the project can be quickly and effectively implemented, he said.
On this occasion, Mr. Neerav Kumar Gupta, Tien Phong’s Project General Director expressed appreciation to the Quang Ninh PPC and other related departments for their enthusiastic support and active collaboration in complying with all the necessary formalities related to the project.
On behalf of the company, he committed to put the project into operation soon as well as do its utmost to complete the project on schedule
