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VIETNAM BUSINESS NEWS APRIL 16

VIETNAM BUSINESS NEWS APRIL 16
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Long An to build $59 million IP in Duc Hoa district

Long An to build $59 million IP in Duc Hoa district 10:47 | 15/04/2021 In light of Decision No.548/QD-TTg of the prime minister granting in-principle approval for the project to build Century Industrial Park (IP), the IP will be positioned in Huu Thanh commune in the southern province of  Long An, with Hai Son Co., Ltd. acting as the developer. The strong presence of IPs drive the province s socioeconomic development Covering over 119 hectares, the project will be built at a cost of VND1.355 trillion ($58.9 million), VND400 billion ($17.4 million) of which is investor’s equity. Construction time must not exceed 36 months from the date of land allocation, and the project’s operation duration will be 50 years from getting the approved investment proposal.

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