Vietnam - Korea economic cooperation industrial park in Hung Yen established

Published on 18 - 11 - 2021
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On November 17, the Korea Land and Housing Corporation (LH Group) coordinated with the Vietnam Embassy in Korea to organize a global business convention in 2021. At the Hung Yen destination, the conference drew the attendance of comrade Dang Ngoc Quynh, Member of the Provincial Standing Committee, Standing Vice Chairman of the Provincial People's Committee.

Comrade Standing Vice Chairman of the Provincial People's Committee Dang Ngoc Quynh speaks at the Hung Yen destination

At the conference, the representative of Korean investors introduced the investment policy and planning of the Vietnam - Korea Economic Cooperation Industrial Park. Accordingly, the Vietnam - Korea Economic Cooperation Industrial Park (also known as the Clean Industrial Park, belonging to the Ly Thuong Kiet Industrial Park and Service Urban Complex, Hung Yen Province), has an area of ​​143.08ha, which are being implemented by LH Group in cooperation with TDH Ecoland Urban Development and Investment Joint Stock Company and a number of Korean investors in the province, it is a part of the core economic cooperation project that the Korean Government has promoted in Vietnam through the New Southern Policy in housing, real estate and industry. The project has been approved by the Prime Minister for investment policy and the Provincial People's Committee for establishment. The investor is carrying out procedures for land acquisition and infrastructure investment according to the approved planning, ensuring the ground to receive investors according to regulations.

Standing Vice Chairman of the Provincial People's Committee Dang Ngoc Quynh hands over the decision to establish the Vietnam - Korea Economic Cooperation Industrial Park to TDH Ecoland Urban Development and Investment Joint Stock Company.

Speaking at the conference, the Standing Vice Chairman of the Provincial People's Committee Dang Ngoc Quynh briefly introduced the province's potentials, advantages and investment attraction situation; expressed joy about the good relationship between the two Governments of Vietnam - Korea and highly appreciated the valuable cooperation of Korean investors. He affirmed, Hung Yen province always accompanies businesses to promptly solve difficulties and problems and create favorable conditions, support businesses to accelerate research and investment implementation for the project of the first Korean-style clean industry park in Vietnam to soon come into operation and hope that this will be a symbol of Vietnam-Korea economic cooperation, aiming to celebrate the 30th anniversary of the establishment of diplomatic relation of Vietnam – Korea in 2022…

At the conference was a ceremony to award the decision of the Provincial People's Committee to establish the Vietnam - Korea Economic Cooperation Industrial Park

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