The general director of Hong Kong’s Hong Yeung International Limited visited Binh Dinh to prepare for the construction of the infrastructure of NhonHoiBIndustrial Park (IP) in Nhon Hoi Economic Zone (EZ). Binh Dinh newspaper reporter had an interview with him on this issue.
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The infrastructure in Nhon Hoi EZ is built. Photo Dao Tien Dat
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General director : I once came to Vietnam in the 90s of 20th century. Since then, I have come here for the business many times and I myself saw big changes in Vietnam in general and Binh Dinh province in particular. We decided to invest in Binh Dinh because this is a key economic zone in the Central region. It also has many advantages, such as: the airport, or international seaport.
We realized that when investing in the Nhon Hoi EZ, Hong Yeung company will be successful because the investment project can have a great influence. On the other hand, provincial leaders are very dynamic, decisive, and concerned with the investment, which make investors feel secure. Alongside this, investment incentive policies create more favourable conditions for investors.
Q: Could you tell me about the project of constructing the infrastructure of Nhon Hoi B IP?
A: The infrastructure of Nhon Hoi B IP will be built on an area of 447 hectares with the total capital of US$ 34 mln, providing services for investment projects in the IP. The 3-phase-project will be conducted within 5 years (from now to 2012). In the first phase (from the third quarter of 2007 to December, 2010), the 180-hectare-infrastructure will be finished. The 153-hectare-infrastructure will be ready after the second phase (from January to December, 2011 and the third phase (from January to December 2012) will be for the construction of the 97-hectare-infrastructure.
However, the progress will also depend on investors. If requested, we will shorten the investment progress. The project for the construction of Nhon Hoi B IP is to be started on September 26, 2007.
Q: Recently, the Taiwan-based Foxconn Group registered to invest in Nhon Hoi A IP. This aims at creating a fair competition between two IPs in Nhon Hoi EZ. What do you think about this?
Hong Yeung, a member of the Hong Kong General Association of International Investment, specializes in trade, construction, and infrastructure investment in IPs. It set up Hong Yeung one-member Co., Ltd Vietnam to invest in constructing the infrastructure of Nhon Hoi B IP in Nhon Hoi EZ. The project was licensed in December, 2006 by the Nhon Hoi EZ Administration. |
A: We also knew this and we’ll try our best. Hong Yeung International Limited has well prepared for attracting big investors in Hong Kong and China to Nhon Hoi B and we believe in the success of the project.
Moreover, the presence of the Foxconn Group will make the investment in Nhon Hoi EZ more positive. Nevertheless, the number of flights to Binh Dinh is not many; meanwhile, planes are small. This is one of investors’ great concerns. One more thing is that there is no air transportation service, which is a difficulty for investors who want to quickly deliver goods to customers worldwide.
Currently, we have received 80 hectares of projected land. We, therefore, want to have enough the area of land as soon as possible for the conduction of the project.
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