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Ceremony of granting the Investment Certificates to PVFCCo

12/04/2012

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With the approval of Nam Dinh Province People’s Committee, in the afternoon of 29/03/2012, Nam Dinh Industrial Zones Authority held the conference to grant the investment certificates for 02 projects: “Construction of NPK Fertilizer Plant in Nam Dinh” of PVFCCo at Nghia Phong Commune – Nghia Hung District – Nam Dinh Province and “Relocation and Expansion of Song Hong high-class bed sheets, blankets, pillows production plant” of Song Hong Garment Joint Stock Company in My Trung Industrial Zone.

Attending the ceremony were Mr. Doan Hong Phong – Member of Provincial Party Standing Committee, Vice Chairman of the Provincial People’s Committee; Mr. Tran Quoc Hung – Deputy Director of  Nam Dinh Department of Industry and Trade; leaders of Nam Dinh Industrial Zones Authority, representatives of  Department of Natural Resources and Environment, Department of Investment and Planning, Department of Construction; the Provincial People’s Committee Office; Nam Dinh Fire Prevention and Fighting Police; Environmental Police; leaders from Nghia Hung People’s Committee, Nghia Phong People’s Committee; and heads of specialized divisions of the Industrial Zones Authority; along with reporters from Nam Dinh Television, Nam Dinh Newspaper, Nhan Dan Newspaper and Vietnam News Agency in Nam Dinh for news coverage. On the part of the investors, Mr. Bui Duc Thinh – Chairman of Song Hong Garment JSC.;  PVFCCo‘s Vice President Nguyen Van Tong and PVN’s Head Deputy of Investment Division Hoang Xuan Duong and experts of the two company were present at the Ceremony.

The “Construction of Nam Dinh NPK Fertilizer Plant” Project of PVFCCo has the total invested capital of nearly 193 billion VND, using the land area of 10 ha (stage 1: 2.7 ha), with capacity of 100,000 NPK tons/year. The “Relocation and expansion of Song Hong bed sheets, blankets, pillows production plant” Project of Song Hong Garment JSC has the total invested capital of about 291 billion VND, using the land area of 3.8 ha, with capacity of 5,700,000 products/year. The two projects have underwent appraisal by the Industrial Zones Authority and relevant agencies and been submitted to the Provincial People’s Committee for issuance of the investment certificates.

Addressing the ceremony, Mr. Doan Hong Phong – Member of Nam Dinh Province Party Standing Committee and Vice Chairman of Nam Dinh People’s Committee, congratulated and encouraged the 02 investors, urging them to strictly adhere to law regulations on land, construction, environment protection and other relevant regulations; carry out the projects in accordance with prevailing regulations of the State. On behalf of the provincial leaders, he wished the investors success in business, yielding economic efficiency for the enterprises and contributing to the economic and social development of Nam Dinh Province.  They are two out of the 7 projects selected by the province to mark the 750th anniversary celebration of Thien Truong Nam Dinh and to welcome the Prime Minister’s decision on recognizing Nam Dinh City as a Grade 1 city – under direct control of the Province.

On behalf of the two investors: Mr. Bui Duc Thinh – BOD Chairman of Song Hong Garment JSC thanked the support from the leaders of the province and relevant agencies, especially Nam Dinh Industrial Zones Authority with its great support in paperwork procedure to help the investors obtain the investment certificates in a timely manner. The investors also committed to follow the law regulations on investment and carry out the projects on schedule, ensuring quality and effectiveness.

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