Ninh Thuy industrial zone was established and selected as investor by Khanh Hoa Provincial People’s Committee under the authority of the Prime Minister on the Document No.133/CP-CN dated January 30th 2004. Khanh Hoa Provincial People's Committee issued Decision No. 2627/QD-UB dated October 7th 2004 on the establishment of Ninh Thuy industrial zone, Ninh Hoa district (with scale of 206,4ha) and Document No. 1088/UB dated April 13th 2004 and 1594/UB dated May 20th 2004 on the agreement of investment projects and infrastructure business of Ninh Thuy industrial zone. The investor is Hoan Cau Nha Trang Co., Ltd. Khanh Hoa Provincial People’s Committee has decided the overall land acquisition and allocation for an investor to implement the project, but due to adjust detailed planning (to solve the land has been allocated to other businesses and organizations previously and restructuring the intersection with Highway 26B) and some other difficulties of the investor has made slow progress of the project, to date, the investor still implement the projects.
(Under the provisions of the Land Law of 2003, industrial projects subject to the State land acquisition and implementation of compensation clearance, investors are domestic investors to advance rent for the implementation of this effect).
Ninh Thuy industrial zone has Nghi Son Cement Company granted the investment certificate of cement distribution and bagging station at the industrial zone by the Ministry of Planning and Investment. However, so far the hand over of surface to the investor of the project has yet to be achieved due to not release the land allocated to Inserco, Khanh Hoa Provincial People’s Committee is directing the Department of Natural Resources and Environment drastic implement.