Quang Ngai industrial park investments reach $132 million

Monday, Dec 02, 2013 15:15

The Viet Nam-Singapore Integrated Township and Industrial Park (VSIP) in Quang Ngai Province attracts five projects with total investment off $132 million since its September ground-breaking. Photo vtv.vn

QUANG NGAI (Biz Hub) — Five projects, with total investments of US$132 million, have been issued investment recognition certificates at the Viet Nam-Singapore Integrated Township and Industrial Park (VSIP) since the September ground-breaking.

The projects, which cover an area of 60ha, are expected to begin operating in 2014 and attract more than 10,000 workers.

Also, there are 10 investors negotiating to lease 100ha of land at VSIP to build factories.

The industrial park is located in Son Tinh District's Tinh Phong Commune in the central province of Quang Ngai. Plans call for setting aside 600 ha of the district for industry and 520ha near the centre of Quang Ngai city for housing and services. — VNS


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