Under the decision, Phase 1 of the Hien Giang Craft Village Industrial Cluster will cover an area of 9.62 hectares, focusing on industries such as woodworking, wood carving, stone carving, and other legally approved crafts. The total estimated investment for this project is 240.859 billion VND.

Huong Ngai Craft Village in Huong Ngai Commune, Thach That District, Hanoi. (Photo: TUAN ANH)

The Hoa Binh Craft Village Industrial Cluster - Phase 1 spans an area of 7.04 hectares, focusing on bone and horn products, household woodwork, mechanical engineering, textiles, building materials, and other legally approved industries. The total estimated investment is 240.859 billion VND.

Meanwhile, the Huong Ngai Craft Village Industrial Cluster - Phase 1 covers 10 hectares, with an estimated total investment of 249.842 billion VND. The cluster will mainly operate in forest product processing, production and trade of wooden furniture, high-end handicrafts, and other industries, following legal regulations.

The objective of these industrial clusters is to develop in a green, clean, and modern direction, incorporating advanced technology and comprehensive infrastructure, including wastewater treatment and waste collection systems.

The infrastructure construction phase is expected to take 24 months, while the operational period for the projects is set at 50 years.

The investors in industrial infrastructure businesses and enterprises operating within these clusters will receive investment incentives following the Law on Investment, Decree No. 32/2024/ND-CP (dated March 14, 2024) on industrial cluster management and development, and other relevant legal regulations.

Source: nhandan.vn