An industrial zone in Ba Ria-Vung Tau with a number of foreign-owned factories. — Photo baochinhphu.vn
Ba Ria-Vung Tau province is planning to develop three new industrial zones measuring 2,793ha in 2021-25.
Phu My will be 650ha, Dat Do will be 1,000ha and Xuyen Moc will be 1,143ha.
The Ba Ria-Vung Tau Management Board of Industrial Zones said they were being developed since there was much demand from foreign investors for leasing industrial land.
Chairman of the province People’s Committee, Nguyen Van Tho, said the new industrial parks should strictly follow environmental regulations.
The three will take the number of IZs in the province to 17 with 9,000ha.
Investors from 28 countries have invested in Ba Ria-Vung Tau, with Japan being the leader followed by South Korea and Singapore. — VNS