(VOVworld) - The Prime Minister has approved the development of a seaport and industrial park complex in the Nha Mac marsh area, Quang Yen town, Quang Ninh province. The CDC Corporation headquartered in the Cayman Islands, the Middle Utilities Company of Singapore, and Infra Asia Investment Limited of Hong Kong are the project’s investors.
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| The design of the Nha Mac seaport and industrial park in Quang Yen town, Quang Ninh province. (Source: quangninh.gov.vn) |
The project will cover 1,100 hectares and cost 310 million USD. The PM asked the Quang Ninh People’s Committee to instruct the Economic Zone’s Management Board to review and grant investment certificates for the project stages and ask investors to honor commitments made in their dossiers.
The province was directed to instruct relevant agencies to provide land for the project and observe the Land Law and the Law on Forest Protection and Development when repurposing land.