Implementation progress not to exceed 48 months
The People's Committee of Bac Giang province is assigned to direct the Provincial Industrial Zones Management Board to specify the project implementation progress in the Investment Registration Certificate. The maximum implementation time is 48 months from the date of land allocation, land lease, or land use purpose conversion.
Responsibilities of management agencies
Relevant ministries and sectors are responsible for appraising and approving contents within their functions and duties, ensuring compliance with investment laws.
The People's Committee of Bac Giang province is tasked with establishing and implementing plans for land acquisition, compensation, support, resettlement, and land use purpose conversion. These plans must be based on documents approved by competent authorities.
The Provincial Industrial Zones Management Board shall coordinate with relevant agencies to monitor and supervise the project implementation process. Supervision focuses on the following contents:
- Ensuring requirements for cultural heritage protection.
- Controlling environmental protection work.
- Controlling the exploitation, use, and discharge of water sources in accordance with environmental and water resource laws.
Investor's commitment
Dong Phuc Industrial Park Infrastructure Development JSC is responsible before the law for the legality and accuracy of the project dossier and documents submitted to state agencies. During implementation, the enterprise must strictly comply with legal regulations according to the approved decision. The industrial park infrastructure system must be built according to the master plan.
In addition, the investor must use contributed capital as committed and comply with regulations on investment, land, and real estate business. The enterprise must also fully meet the conditions for real estate business organizations according to current regulations.
Bac Giang expands industrial land fund
In recent years, Bac Giang has had a high economic growth rate and is widely known as the “industrial capital of the North”. Data as of March 2024 shows that the province has 9 industrial parks approved for establishment by the Prime Minister. The total planned area of these parks is over 2,252 ha, with an occupancy rate of over 68%.
