Cao Loc signs contract on 400-billion-VND project

(LSO) – The People’s Committee of Cao Loc district on September 23 held a ceremony to sign and launch a contract on the project to build infrastructure system for the industrial clusters of Hop Thanh 1 and Hop Thanh 2 as well as the Hop Thanh resettlement area.

The ceremony was attended by Ho Tien Thieu, Vice Chairman of the provincial People’s Committee.

The project has total investment of over 404.7 billion VND (17.4 million USD). It will be implemented from 2019 to 2023, and conducted in the form of public-private partnership (PPP) and build-transfer (BT) method. The contractor is Bac Nguyen Lang Son Investment JSC.

Representative of Cao Loc district signs contracts with companies involving in the project’s implementation

It aims to specify the planning for the industrial development of Lang Son, creating a concentrated production area, meeting the requirements ontechnical infrastructure, effectively exploiting the land stock, and contributing to boosting industrial growth of the locality.

The project is expected to help attract more investors and businesses to the locality, promoting the advantages of Lang Son in border gate economy, ensuring social security and improving the living conditions for locals.

Once completed, the project will also lure more investment to Cao Loc, thus increasing business activities and contributing to completing socio-economic targets of the district and the whole province in general.

Leaders of the provincial People’s Committee presents congratulation flowers to Cao Loc district and businesses

Addressing the signing ceremony, Vice Chairman of the provincial People’s Committee Ho Tien Thien said that in order for the project to be implemented as scheduled, the People’s Committee of Cao Loc should continue supporting businesses in administrative procedure, ensuring that they enjoy preferential policies in line with the law.

The district should also focus on ground clearance, he said, asking the investor to abide by the law in construction and ensure capital provision for the project so that it can be completed as scheduled./.