Hai Phong: Starting construction of 8 trillion VND industrial park project, area 650 hectares

On the afternoon of May 11, in An Lao District, Hai Phong, Saigon - Hai Phong Industrial Park Joint Stock Company (a subsidiary of Kinh Bac Urban Development Corporation - HOSE: KBC) held a groundbreaking ceremony for the Trang Due 3 Industrial Park infrastructure investment and business project.

Trang Due 3 Industrial Park has a scale of 652.73 hectares, located in Truong Thanh, Truong Tho, An Tien, and Bat Trang communes (An Lao District), in Dinh Vu - Cat Hai Economic Zone. The project has a total investment capital of more than VND 8,000 billion, with an operating period of 50 years from the date the Prime Minister approved the investment policy.

Trang Due 3 Industrial Park is oriented to develop into a destination for investors in the fields of high technology, electronics, the electric vehicle industry, and environmentally friendly supporting industries.

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Kinh Bac's two old industrial parks, Trang Due 1 and 2, have attracted more than 100 projects with a total capital of nearly 11 billion USD, including large production complexes of LG Group.

Also within the framework of the event, Kinh Bac signed a memorandum of understanding to lease land at Trang Due 3 Industrial Park with many customers.

(According to markettimes.vn)

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