Hanoi (VNA) – The Prime Minister has issuedDecision No.225/QD-TTg approving a project on infrastructure building andbusiness at Viet Han IP in the northern province of Bac Giang.

Invested by Fuji Phuc Long Development Co.Ltd, the 50-yearproject will be carried out in Hong Thai, Tang Tien communes and Nenh townshipin Viet Yen district, covering 50ha in the first stage.

The PM asked the provincial People’s Committee to be responsiblefor choosing investors to carry out projects in line with legal regulationsregarding investment, bidding, land and real estate trade and relevant laws,with a priority given to projects using modern and eco-friendly technologies.

It must also implement compensation and site clearance, and transferland use purpose to embark on projects as approved in terms of scale, locationand progress.

The committee was also assigned to direct the provincialmanagement board of IPs to ask investors to make deposit to ensure projectimplementation in line with the investment law.

The board and agencies concerned must also oversee theimplementation of projects in line with laws on investment, land, environment,construction and real estate trade while attracting investment in IPs in accordancewith approved planning./.