The industrial parks are expected to benefit from the expansion wave of foreign-invested enterprises in Vietnam.
Prime Minister Nguyen Xuan Phuc has approved investment policies for the construction and infrastructure development of three industrial parks (IPs).
IPs are expected to benefit from rising demand for business expansion among foreign-invested enterprises in Vietnam. Photo: VTV |
The first project is Co Chien IP in Dai Phuoc commune in the Mekong Delta province of Tra Vinh's Cang Long district. The IP, covering nearly 200 ha, has an investment capital of VND750 billion (nearly US$32.5 million) funded by Tra Vinh Infrastructure Development Investment Co., Ltd.
The second project is the 300-ha Tan Duc IP in Ham Tan district of the southern coastal province of Binh Thuan, invested by Sonadezi Binh Thuan JSC with an investment of VND1.2 trillion (US$52 million).
The last one is the Song Lo II IP in the northern province of Vinh Phuc. It will be built on an area spanning nearly 166ha, with an investment of VND1.52 trillion (US$65.8 million) funded by Vinh Phuc Infrastructure Development JSC.
Authorities of relevant provinces are required to guarantee the accuracy of information, statistics and assessment in line with the regulations, as well as ensuring that the implementation of the projects is consistent with authorized planning.
As the country is one of the most attractive destinations for the industrial sector in the region, the IPs are expected to benefit from rising demand for business expansion among foreign-invested enterprises in Vietnam.
As of 2020, Vietnam had 369 IPs with an area of nearly 114,000ha, in 61 cities and provinces, mainly in key economic zones thanks to advantages of location and economic potentials.
Other News
- Hanoi seeks to attract high-tech projects to industrial parks
- Vietnam, China intensify cooperation on green growth, digital economy
- Hanoi's green industrial parks attract investment
- Vietnamese, Singaporean firms ink agreements to bolster economic relations
- Thang Long Industrial Park urged to streamline administrative procedures for manufacturers
- Vietnam leads top choice for global investors: Cushman & Wakefield
- Vietnam-Singapore III Industrial Park to be built in Binh Duong this month
- Vietnam Prime Minister approves three industrial parks
- Recruitment demand of foreign manufacturers surges in 2021
- New industrial project expected to lure high-tech investment in Thai Binh
Trending
-
Vietnam, Czech Republic issue Joint Statement on elevating ties to Strategic Partnership
-
Vietnam news in brief - January 20
-
Tet homework? Yes, but keep it light to avoid stress for students
-
Hanoi kicks off the Spring Calligraphy Festival in celebration of Lunar New Year
-
Hanoi’s central role means heightened responsibility in foreign affairs: Mayor
-
Hanoi revives historic Tet traditions in Duong Lam Ancient Village
-
AI set to drive Vietnam's economic growth in 2025
-
Two Vietnamese cities in Asia's top five destinations for digital nomads
-
Prime Minister sets vision for Vietnamese football: Asian glory and World Cup dreams
-
Liên kết hữu ích