The ground breaking ceremony of Vinh Xuong Trade and Industry Zone is held in the southern province of An Giang on July 23. — Photo angiang.gov.vn

AN GIANG (Biz Hub) — The economic zone management board of the Cuu Long (Mekong) Delta province of An Giang began construction of the first phase of the Vinh Xuong Trade and Industry Zone on Tuesday.

The 31-ha area, located in Vinh Xuong Commune, will built with an investment fund of VND148 billion (US$6.95 million).

The province will spend VND31 billion ($1.5 million) to build technical infrastructure across nine hectares in the first phase.

The construction is a key project for the 2014-18 economic zone development strategy for the provincial border area.

The construction aims to attract domestic and international investment to the trade and service sector, and boost trade between Viet Nam and Cambodia, while raising the standard of living for local residents. — VNS