Amata to start construction of Song Khoai IP

Tuesday, Dec 11, 2018 18:26

Amata City Bien Hoa. Amata plans to start construction of its Song Khoai IP this month in Quang Ninh Province. —- Photo

Amata VN Public Company Limited, a subsidiary of Thailand-based Amata Corporation PCL, expects to begin construction of the Song Khoai Industrial Park in Quang Ninh Province between December 20 and 25.

In March, Amata VN PCL received a certificate of investment registration for the IP, located in Quang Yen, from the People’s Committee of Quang Ninh with a total investment capital of about VND3.5 trillion for five stages.

This will be Amata VN PCL’s fourth industrial park in Quang Ninh.

By November 29, the amount of compensation for site clearance of about 103 hectares reached VND212.7 billion.

The first phase is expected to be complete by the end of 2019, putting an area of 123ha into operation. The project aims to develop infrastructure in Song Khoai IP and attract investment projects.

The IP is the first phase of Amata’s $1.6 billion industrial and urban development project in the northern province of Quang Ninh, around 150km from the capital Ha Noi.

Besides Song Khoai IP, Amata VN PCL has been conducting a study on the development of a smart city as part of the massive project. — VNS

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