Construction of Vinh Thanh Industrial Zone (IZ) in the Cuu Long (Mekong) Delta City of Can Tho will begin in June, Tran Viet Truong, chairman of the municipal People's Committee has said.
The IZ, worth over VND3.71 trillion (US$160 million), will be developed in Vinh Trinh Commune, Vinh Thanh District. It will cover an area of 293.7ha in the first phase.
Can Tho City is now home to seven IZs, namely Tra Noc 1, Tra Noc 2, Thot Not, Hung Phu 1, Hung Phu 2A, Hung Phu 2B and Vinh Thanh with a planned area of over 1.000ha, thanhnien.vn reported.
The online newspaper cited Vice Chairman of the committee Duong Tan Hien as saying that these zones had thus far attracted 256 investment projects worth a combined $1.6 billion. — VNS