330 billion VND (nearly 2,062,500 USD) investment to build Hoa Hoi Industrial Zone
16:27', 6/4/ 2007 (GMT+7)

Binh Đinh Province People’s Committee has just approved detail plan of the 265-hectare Hoa Hoi Industrial Zone at Cat Hanh Commune, Phu Cat District. Total investment for building the IZ is worth 330 billion VND (roughly 2,062,500 USD). Out of it, state budget of the province will be paid for land clearance and compensation, mine clearance, topographic mapping, designing and planning a concentrated system of  sewage treatment. The rest of the investment will be covered by infrastructure investors themselves.

The Hoa Hoi IZ is expected to open for enterprises in following industries: mechanics, metallurgy, electronics, IT, ashlar paving stone manufacturing, insulated porcelain manufacturing, industrial paint manufacturing, granite processing, prefabricated cement components manufacturing, cement commodity manufacturing, agricultural produce and forest product processing, etc. Other services such as banking, insurance, taxation, telecommunication, custom are encouraged to establish in the centre of the IZ.

  • Reported by Nguyen Phuc
  • Translated by T.U.
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