On September, 22nd, Quang Nam Provincial People’s Committee enacted Official Dispatch No. 2707/QĐ-UBND regarding decision on approving the policy of investment and investors of the project “Investment in construction and business of technical infrastructure of Dong Phu industrial cluster”. This project is invested by Tay Da Nang Investement and Construction Joint Stock Company and Saigon Telecommunication and Technologies Corporation (Saigontel). As to yet, the project has achieved results as attached document.

Accordingly, Quang Nam Provincial People’s Committee approved the investors of the mentioned above project as Tay Da Nang Investement and Construction Joint Stock Company. Some information of the project:

1. Project title: INVESTMENT IN CONSTRUCTION AND BUSINESS OF TECHNICAL INFRASTRUCTURE OF DONG PHU INDUSTRIAL CLUSTER

2. Project goals: Synchronously and completely invest in infrastructure and functional zone to sublease land, collect fees of infrastructure use.

3. Project scale:Land use area is about 45 hectares.

4. Project investment capital: VND 200.000.000.000 (two hundred billion Vietnam dong), of which the contributed capital of investor is VND 50 billion, accounting for 25% of the total investment capital; Mobilized capital: VND 150 billion, accounting for 75% of the total investment capital.

5. Project’s duration of operation: 50 years, from the date the Decision is approved by Quang Nam Provincial People’s Committee

6. Project location: Dong Phu village, Dai Hiep commune, Dai Loc district.

7. Basic construction progress and putting the work into operation: From June, 2021 to December, 2023: Carry out procedures on investment, land, construction, environment, fire prevention and fighting, compensation, site clearance, leveling, complete technical infrastructure system. From January, 2024: Starting to put into operation and business.

According to decision, Quang Nam Provincial People’s Committee also assigned responsibilities to Tay Da Nang Company and related agencies, departments in implementing of the investment project./.

The full text of the decision as follows: