Please note: you are viewing an old version of this deal. The current version can be found here: Deal #5400
Deal #5400 Version #72340
Vietnam
Created at
2017-03-13
Last update
2017-10-05
Last full update
2022-03-18
Land area
Intended size
3 160 ha
Size under contract (leased or purchased area)
- [2017, current] 498.0 ha
Comment on land area
WHA Hemaraj 1 - Nghe An industrial zone project with a total area of over 2,000ha located at the Nam Cam Industrial Zone in Nghi Loc district, and in the WHA Hemaraj 2 - Nghe An industrial zone project with an area of nearly 1,160ha at the Tho Loc Industrial Zone in Dien Chau district. See http://en.nhandan.com.vn/business/investment/item/4258002-thai-hemaraj-to-develop-two-industrial-zones-in-nghe-an.html. See http://www.thaipr.net/finance/758651
This project is divided into
7 phases, and is expected to start from 2017 and complete after 2030.
In the first phase, they will carry out the project in an area of 500 hectares in Nam Cam
Industrial Zone, Nghi Loc district , Nghe An province from January 2017 to 2021.
See: http://landmatrix.org/media/uploads/viet-newsnetindustrial-park-usd-1-billion-built-nghe-an.pdf
WHA Group to develop first Industrial Zone in Nghe An Province, 1st phase in Feb. 2017: 498 ha
See: http://landmatrix.org/media/uploads/thaiprnetfinance758651.pdf
Intention of investment
Intention of investment
- [current] Industry
Comment on intention of investment
Constructing Industrial Zone. build a system of complete infrastructure of industrial parks, logistic base and urban areas to attract secondary investors to build factories and production base. See http://viet-news.net/industrial-park-usd-1-billion-built-nghe-an/
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [2016, current] Concluded (Contract signed)
Comment on negotiation status
Information on signing the investment agreement is October 2016. See http://viet-news.net/industrial-park-usd-1-billion-built-nghe-an/
Implementation status
Implementation status
- [2017, current] Startup phase (no production)
Comment on implementation status
In the first phase, they will carry out the project in an area of 500 hectares in Nam Cam Industrial Zone, Nghi Loc district, Nghe An province from January 2017 to 2021. See http://viet-news.net/industrial-park-usd-1-billion-built-nghe-an/
Purchase price
Comment on purchase price
Not more than 2 000000000 per ha for agricultural land. See http://www.baomoi.com/gia-den-bu-dat-lua-dat-mau-du-an-hemaraj-khong-qua-2-ty-dong-ha/c/20212808.epi
Contract farming
Contract farming
No