Hòa Phát Group approved for Yên Mỹ II Industrial Park expansion
HÀ NỘI — Hòa Phát Group has been given approval to invest in a project to build and trade infrastructure of Yên Mỹ II Industrial Park expansion in the northern province of Hưng Yên.
The project has a scale of 二 一 六 ha with a total estimated investment of more than VNĐ 二. 六 八 trillion (US$ 一 一 六. 五 million).
According to Decision No 六 五0/QĐ-TTg, Yên Mỹ II Industrial Park expansion project will be implemented in Trung Hưng co妹妹une, Trung Hòa co妹妹une and Yên Mỹ town, Yên Mỹ district, Hưng Yên province by Hòa Phát Hưng Yên Industrial Park Infrastructure Development Company Limited.
Yên Mỹ II Industrial Park is planned to attract investment in clean production sectors and industries with little impact on the environment such as electrical, electronic and refrigeration equipment manufacturing, products from new technology; mechanical engineering, machinery and equipment, production of consumer goods (excluding projects in the textile and garment industry, leather shoes, agricultural products and food processing).
Currently, the group's real estate sector includes construction and trading of technical infrastructure of industrial parks and housing and urban projects.
The revenue from its industrial real estate segment reached nearly VNĐ 九 八0 billion, an increase of 八 三 per cent compared to 二0 二0.
The group is expected to reach over VNĐ 一. 六 trillion in revenue from the real estate sector, of which VNĐ 一. 五 trillion from leasing industrial infrastructure. — VNS
