Hai Duong - On February 15th, the Standing Provincial Party Committee Hai Duong worked with Indian investors on the investment in the project of International Pharmaceutical Park in Hai Duong (Vietnam - India Pharmaceutical Park Joint Stock Company). This is a pharmaceutical park project with a scale of 960 hectares, with an investment value of 10-12 billion USD.
Investors sign minutes on investment in pharmaceutical park in Hai Duong. Photo: Hai Duong province's e-commerce portal
Previously, on January 26, with the introduction of Ambassador Extraordinary and Plenipotentiary and Plenipotentiary of Vietnam to India Pham Sanh Chau, leaders of Sri Avantika Company came to work with leaders of Hai Duong province to survey investment in public projects. pharmaceuticals in Vietnam. Sri Avantika Contractor Limited is India's leading enterprise in the field of pharmaceutical park infrastructure development and high-tech industrial park. Sri Avantika Contractor Limited and Dai An Urban - Industrial Park Development Corporation signed a memorandum of understanding on investment cooperation MOU with the purpose of building and establishing pharmaceutical manufacturing companies in Vietnam.
After specifically surveying a number of locations in Vietnam, calculating the advantages, Indian investors decided to choose an investment location in Hai Duong. The proposed investment location is in Gia Loc, Thanh Mien and Binh Giang districts, with a total planning area of about 960 hectares. This is a very convenient location, adjacent to the intersection connecting to the Hanoi - Hai Phong highway, the travel time to Hanoi only takes about 25 minutes, to Hai Phong port about 50 minutes, connecting to the provinces in favorable areas; there is an international railway (planned) connection. In particular, the project is located in the key industrial zone planning, which is likely to be approved by the Government as a special economic zone with many preferential policies.
The proposed investment site with an area of about 960 ha is in the districts of Thanh Mien, Gia Loc and Binh Giang.
To implement the project, at the same time discuss and propose preferential policies of the province and the Government; Indian investors have some specific recommendations on supplying mines with leveling materials, investing in a clean water plant for the project, the company is invested in producing clean electric energy to supply the project. , propose policies on payment of land rent and request the province to provide clean and timely premises for investors.
Concluding the meeting, Mr. Pham Xuan Thang - Secretary of the Provincial Party Committee, Chairman of Hai Duong Provincial People's Council affirmed that this is the right choice of investors, in line with the foreign policy of the two countries Vietnam and Vietnam. India, the investment project is in accordance with the development orientation of the province. The selection of a partner is Dai An Group is absolutely correct, Dai An is a reputable investment and business group in Vietnam, with experience and great potential in industrial park investment. The province is committed to supporting investors at the highest level to implement the international pharmaceutical park project in Hai Duong.
The province prioritizes to arrange the best space for investors, soon adjusts and submits the provincial planning for approval so that the project can be implemented; and at the same time submit to the Government for consideration and approval of a special economic zone with many incentives. For specific proposals of investors, the province commits to give priority to providing leveling material mines, creating conditions for the implementation of clean water supply projects and clean electric energy projects; agree with the proposal on a one-time land rental payment mechanism; commit to hand over the clean land according to the investor's schedule.
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