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AMACCAO became an investor of two industrial zones in Hanoi

The People’s Committee of Hanoi City has recently awarded a decision on investment guidelines and investment certificates to 71 real estate projects, including 2 projects developed by Vietnam Construction Investment and Development Joint Stock Company (a member of AMACCAO Group) as the investor.

The People’s Committee of Hanoi City has recently awarded a decision on investment guidelines and investment certificates to 71 real estate projects, including 2 projects developed by Vietnam Construction Investment and Development Joint Stock Company (a member of AMACCAO Group) as the investor.

The report at the Conference showed that accumulated foreign direct investment as of June 15, 2018 had over 4,300 projects, the registered investment capital reached 33 billion 380 million US dollars, of which, in particular for 2016 – 2017 and the first 6 months of 2018 attracted 12 billion US 460 million, equal to 59% of the total investment capital attracted from 1986 – 2015.

With this result, Hanoi became the 2nd largest city nationwide in terms of FDI attraction and for the first time in the past 30 years: the first 6 months of 2018, with a total of 5 billion 915 million USD of FDI attracted. The United States and Hanoi have temporarily climbed to the first position of the country in 2018.

Projects allocated in the fields of: Agriculture with 2 projects, VND 275 billion; Social infrastructure, 10 projects, 5,824 billion dong; Industry, trade and services, 18 projects, VND 41,671 billion; Urban technical infrastructure of 12 projects, VND 23,229 billion; Housing, urban area, 29 projects, VND 327,532 billion. Notably, among the projects awarded this time, there are many real estate projects with investment capital of tens of thousands of billion dong.

Mr. Tô Văn Nhật (fourth from left to right) – Representative of Vietnam Construction Investment Development Joint Stock Company receives the decision and investment certificate of Hanoi City People’s Committee

Vietnam Construction Investment and Development Joint Stock Company (AMACCAO Group member) was awarded the decision and investment certificate for 2 projects of establishing industrial clusters (industrial clusters). Detail:

The first project: establishing Dinh Xuyen Industrial Cluster, Gia Lam District, Hanoi with an area of about 7.81 ha and a total investment of about 227 billion VND. Dinh Xuyen industrial cluster is a trade village industrial cluster, mainly operating in the field of: preliminary processing of wood, lacquer and carpentry; services for industrial production, cottage industry and handicrafts, etc. and other production and business lines in accordance with the Planning on development of TP. Hanoi to 2020, with a vision to 2030.

The second project: establishing Thiet Binh Industrial Complex (Van Ha – Dong Anh – Hanoi) with an area of about 22.1 ha and a total investment of about 491.7 billion VND. Thiet Bình industrial cluster belongs to the industrial cluster of handicraft village, mainly including: wood processing, civil carpentry, fine art carving, lacquer station … and other production and business industries in accordance with the cluster development plan. Industry in Hanoi to 2020, with consideration to 2030.

Currently, production activities in these two areas are taking place in the form of small households, which are not really synchronized and bring commensurate effects to the potential. Therefore, the establishment of Dinh Xuyen Industrial Zone and Thiet Binh Industrial Zone aims to synchronously build technical infrastructure and landscape of the industrial cluster to meet the requirements of technical infrastructure and environment as prescribed.

Project of Thiet Binh Industrial Park – Dong Anh – Hanoi

Dinh Xuyen – Gia Lam – Hanoi industrial park project

In addition, the establishment of these two industrial clusters also serves the relocation and expansion of business production of small and medium-sized enterprises, cooperatives, cooperative groups, production facilities of households and individuals in the district. Gia Lam and Dong Anh district, and surrounding areas of these two localities in order to overcome environmental pollution, fire and explosion risks in residential areas, develop trades and craft villages in their localities.

Vietnam Construction Investment and Development Joint Stock Company is the investor of construction of technical infrastructure of the two projects mentioned above. Established in 2001, Vietnam Construction Investment and Development Joint Stock Company is the first unit of AMACCAO Group, the leading enterprise in the construction industry in Vietnam today, with a total capital of VND 500 billion.

With nearly 20 years of experience, Vietnam Construction Investment and Development Joint Stock Company is committed to providing differentiated and modern technological solutions to create products of international standards, to satisfy all customers.

Theo: Amaccao.vn

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