Provincial People’s Committee worked with Vanguard Millennium International Company Limited
In the afternoon of 21 August, Comrade Nguyen Khac Than, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Committee chaired a working session with Vanguard Millennium International Company Limited - the investor of the Prime Technology factory project in the Hung Nhan Industrial Cluster (CCN), Hung Ha District. Attendants at the working session meeting included representatives of leaders of some departments, branches and leaders of Hung Ha District.
Comrade Nguyen Khac Than, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Committee spoke at the working session.
According to the report of Vanguard Millennium International Company Limited, the Prime Technology factory specializes in manufacturing household appliances made of metal, wood and plastic with a total investment of more than 30 million USD. The project has an area scale of nearly 6 ha, with a designed capacity of more than 4 million products/year. The Company’s products are mainly exported to the US market. In order to ensure investment progress and commercial commitments with customer partners, Vanguard Millennium investor hopes that the infrastructure investor of the industrial cluster and the Provincial People’s Committee will remove difficulties and hand over land soon to quickly start construction of workshops and install equipment and machinery to quickly put into production.
Leader of Vanguard Millennium International Company Limited spoke at the working session.
At the working session, QH Land Investment Joint Stock Company (the infrastructure investor of Hung Nhan Industrial Cluster) explained that the delay in handing over land to the secondary investor compared to the commitment of about 1 month was due to new regulations of the Land Law related to the authority to change land use purposes. Currently, technical infrastructure items such as wastewater treatment plants, roads, electricity, green, and water supply and drainage have been invested synchronously to ensure sufficient conditions for secondary investors to implement projects at Hung Nhan Industrial Cluster. QH Land affirmed that by September 2024, the land will be handed over and by October 2024, the procedures for granting land use right certificates to secondary investors will be completed.
Leader of the Hung Nhan Industrial Cluster infrastructure investor committed to hand over the land to secondary investors in September 2024.
Concluding the working session, comrade Nguyen Khac Than, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Committee highly appreciated Vanguard Millennium International Company Limited for choosing Thai Binh to invest in its big project. For the investor’s proposal, he affirmed: On the province side, we share the difficulties in the project implementation process of the Company, the reason is that there are changes in land law policies that are objective and beyond the province’s authority. However, up to now, the project’s problems will be proactively resolved by the Provincial People’s Committee. The Provincial People’s Committee will direct functional departments and branches, together with the infrastructure investor of Hung Nhan Industrial Cluster, to urgently resolve the problem and commit to hand over the premise to the project by early November 2024 at the latest. Assign Hung Ha district to create the most favorable conditions for the infrastructure investor to complete administrative procedures on investment and carry out site leveling as quickly as possible. The Department of Natural Resources and Environment is responsible for completing procedures on changing land use purpose, ensuring the hand-over of land to the project on schedule. The Department of Planning and Investment will facilitate the issuance of investment certificate to the project. The infrastructure investor of Hung Nhan Industrial Cluster will closely coordinate with departments and branches to proactively guide and support Vanguard Millennium International Company Limited to carry out procedures on construction, fire prevention, fire fighting, environmental protection, etc.
The Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People’s Committee requested that when the land is handed over, secondary investors focus on investing in building factories, soon putting them into production to create jobs, stable income for people in the project area and actively contribute to the socio-economic development of the locality. He also hopes that Vanguard Millennium International Company Limited with its capacity, customer partnership and clear feeling of the favorable investment and business environment of Thai Binh, will support the province to attract big enterprises and groups in the world to invest in Thai Binh in the coming time.