Northern province prioritises investment in economic and industrial zones

Hai Yen industrial zone in Mong Cai city (Photo: viland.vn)

Accordingly, investors to industrial zones will enjoy the lowest land hire interest rates at 0.75% and stable in 5 years.

In addition, investors will receive support for fees of site clearance by being provided 30% of the compensation fees, site clearance and resettlement.

New projects or production expansion projects in industrial zones will also receive fees for short-term vocational training for labourers coming from Quang Ninh province and other provinces and cities in the first two years of working.

Under the planning for industrial zones of the province by 2015 which was adopted by the Prime Minister, it will have 11 industrial zones with a total area of over 11,000 hectares of land, situated across 9 of 14 districts, towns and cities of the province.

Some industrial zones have completed or are completing their infrastructure to welcome investors./.