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Heavy investment in southern IPs’ infrastructure PDF Print E-mail
Wednesday, 23 January 2008

The southern coastal province of Ba Ria-Vung Tau will invest over 1 trillion VND (US$63 million) in developing technical infrastructure for its industrial parks (IPs) in 2008.

 

The province will urgently complete necessary procedures to grant investment licences to four IPs, including the 1,550ha Chau Duc, the 500ha Dat Do 1, the 400ha Long Huong and the expanded Phu My 2 with an additional area of 400 ha.

The province will also apply for the Government’s approval to add the 1,350ha Long Son IP into its development plan by 2015.

In 2007, Ba Ria-Vung Tau province poured over 2.2 trillion VND into developing technical infrastructure for nine IPs. Last December, the province agreed to establish the 952ha Phu My 3 Industrial Park, raising its total IPs to 10.

 

Source: Vietnam Agency
 
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