Approval of investors for 2 major projects in Nam Phu Yen Economic Zone

Hoa Tam Commune, Dong Hoa Town, Nam Phu Yen Economic Zone - Photo: MINH CHIEN
On May 23, the People's Committee of Phu Yen Province issued an investment policy decision and approved investors for two major projects in Nam Phu Yen Economic Zone.
Accordingly, the Hoa Tam Industrial Park Infrastructure Construction and Business Project Phase 1 aims to invest in the construction and business of industrial park infrastructure; sublease land use rights in the industrial park, construct factory buildings, and office buildings in the industrial park for lease.
The investor is Hoa Tam Industrial Park Infrastructure Development Joint Stock Company (under Hoa Phat Group).
The project has an investment capital of VND 4,188.42 billion (investor's contributed capital is VND 628.26 billion; mobilized capital is VND 3,560.16 billion); scale of 491.87 hectares; implementation location in Hoa Tam commune, Dong Hoa town, Phu Yen.
The project's operation period is 70 years, from the date of land allocation or land lease by the competent state agency.
The progress of basic construction and putting the project into operation or exploitation is 48 months from the date of land allocation or land lease by the competent agency.

The Hoa Tam Industrial Park infrastructure investment and business project is expected to create jobs for local workers - Photo: MINH CHIEN
The project to invest in construction and business of infrastructure of Phu Yen High-tech Industrial Park aims to invest in construction and business of infrastructure of industrial parks; sublease land use rights in industrial parks, construct factory buildings, office buildings in industrial parks for lease.
The investor is N&G Group Joint Stock Company. The total investment capital is about 2,369.17 billion VND (investor's contributed capital is 361.63 billion VND; mobilized capital is 2,007.54 billion VND); the project scale is about 251.6 hectares; the project implementation location is in Hoa Hiep Bac ward, Dong Hoa town, Phu Yen.
The project's operating period is 50 years from the date of land allocation or lease by the competent state agency.
The basic construction progress and putting the project into operation or exploitation is 54 months from the date of land allocation or lease by the competent agency.
* Source: https://tuoitre.vn/phu-yen-ban-hanh-quyet-dinh-dau-tu-voi-2-du-an-lon-tai-khu-kinh-te-phia-nam-20250523214215506.htm#content-1