Investing in implementing projects in Son La province

In recent times, Son La province has made efforts to overcome difficulties, improve the investment and business environment, open its doors to welcome investors and has achieved certain results, attracting more and more domestic investors to implement projects of important and strategic significance in developing infrastructure systems, improving the quality of services, trade, and developing high-tech agriculture in the province. At the Conference to announce the Son La Provincial Planning for the period 2021-2030, with a vision to 2050, the People's Committee of Son La province granted Investment Policy Approval and Investment Registration Certificates to 8 investors representing investors implementing projects in Son La province.

1. Detech Coffee Joint Stock Company: The Son La Arabica Coffee Planting Project of Detech Coffee Joint Stock Company was approved in principle by the People's Committee of Son La province and approved the Investor in Decision No. 1388/QD-UBND dated August 1, 2023 with the goal of: Building a sustainable and quality coffee material area associated with product processing and consumption, strengthening the sustainable linkage and connection between enterprises and coffee growers, creating jobs and income for coffee growers participating in the production chain and intermediary services. The project has a total registered capital of 28 billion VND, with a capacity of coffee planting, combined with purchasing and transporting coffee with a total output of about: 750 tons to 1,000 tons/year; deployed on an area of ​​151,080.5 m2. Expected to be completed and put into production and business operations from the second quarter of 2024.

2. Musa Green Joint Stock Company: The project of Preserving, Processing and Producing Agricultural Products in Son La Province was approved in principle by the People's Committee of Son La Province and approved the Investor in Decision No. 1271/QD-UBND dated July 14, 2023 with the goal of: Investing in the construction of a factory to process and produce agricultural products in Son La Province. Connecting with cooperatives and households in Muong La District and neighboring districts of Son La Province to consume agricultural products for local people. The project has a total registered capital of 15 billion VND, land use demand of 2 hectares, with a capacity scale: Preserving agricultural products (bananas, mangoes, apples, longans...): 4,000 tons to 6,000 tons/year; Banana fiber production: 1,000,000 m3/year; Banana powder production: Average 5 tons of fruit/day. Expected to be completed and put into operation from the first quarter of 2024.

Son La Provincial leaders present investment policy decisions, level GInvestment registration certificate
for representative of Son La Coffee Processing Joint Stock Company.

3. Son La Coffee Processing Joint Stock Company: The Son La Coffee Processing Factory Project was approved in principle by the People's Committee of Son La province, and at the same time approved the Investor in Decision No. 1179/QD-UBND dated July 1, 2023 with the goal of: Building a factory to process fresh coffee berries and dried coffee beans for stable development, improving economic efficiency and brand of raw material areas; applying modern technology to serve production and processing to increase the value of Son La coffee products; Stabilizing output and improving income for farmers, creating more jobs for local workers. The project has a total investment of 200 billion VND, land use demand of 4 hectares, with a capacity of about 50,000 tons of fresh coffee berries/year; The output of green coffee beans is about 12,500 tons/year.

4. Vietnam Tea Corporation (Vinatea): The Moc Chau Tea Processing Factory Project was granted Investment Registration Certificate No. 0266744565 by the Department of Planning and Investment on January 16, 2024 with the goal of: Building a tea processing factory for stable development, improving economic efficiency and branding of high-tech tea raw material areas; applying modern technology to serve production and processing to increase the value of tea products; stabilizing output and improving income for farmers, creating more jobs for local workers. The project has a total initial registered capital of 85 billion VND, land use demand of 2.5 hectares, with a capacity of 125 tons of fresh tea/day, expected to complete production and business activities from the first quarter of 2026.

Provincial leaders awarded Investment Policy Decisions and granted Investment Registration Certificates.

5. Tin Phat Phuc Son Company Limited: The project of Factory for Manufacturing and Processing of all kinds of Footwear and materials related to the footwear industry was granted Investment Registration Certificate No. 5875740215 on November 16, 2023 by the Department of Planning and Investment with the investment objective: Applying technology in the production and processing of raw materials related to the footwear industry, making the most of available raw materials in the area to put into production with an investment scale of 200,000/pair/year, with a total initial registered capital of 20 billion VND. The project is expected to be completed in the fourth quarter of 2024.

6. Minh Thuy Co Noi Livestock Company Limited: The Minh Thuy Co Noi high-tech pig farm project was granted investment policy No. 1666/QD-UBND dated September 1, 2023 by the Provincial People's Committee with the investment objective: Applying high technology in livestock farming, improving land use efficiency, meeting food needs for people in and outside the province. The investment scale is 32,400 pigs, the total initial registered capital is 286 billion VND. The project is expected to complete construction investment and put into operation from the fourth quarter of 2024.

7. Phuc Anh Company Limited: The Tay Tien Urban Area Commercial Housing and Infrastructure Project, Moc Chau Town, was approved by the People's Committee of Son La Province in Decision No. 3235/QD-UBND dated December 24, 2021, and approved the auction winning decision in Decision No. 2571/QD-UBND dated November 30, 2023 with the goal of: Building a residential area with synchronous technical infrastructure, social infrastructure and housing with a total area of ​​3.3 hectares according to the approved detailed planning, with a total of 99 houses with rough construction and exterior finishing (including: 68 townhouses, 31 villas). The project has a total investment of 253 billion VND, expected to be completed and put into real estate business by the third quarter of 2025.

8. Dong Que Real Estate Joint Stock Company. The Residential Area Project of Administrative Center of Sub-area 14 (ODB land lot), Moc Chau town was approved by the People's Committee of Son La province for investment in the auction in Decision No. 3076/QD-UBND dated December 14, 2021, approving the auction winning decision in Decision No. 2572/QD-UBND dated November 30, 2023 with the goal: Building a residential area with synchronous technical infrastructure, social infrastructure and housing with a total project area of ​​19,753m2 according to the approved detailed planning, with a total of 51 houses with rough construction and exterior finishing (including: 24 townhouses, 27 villas). The project has a total investment capital of 173 billion VND, expected to be completed and put into real estate business from the first quarter of 2025.

Quoc Tuan