Vietnam Singapore Industrial Park Company to develop fifth park

Vietnam Singapore Industrial Park Company will develop an industrial park and township in the central province of Quang Ngai, making it the fifth industrial park to be developed by the company in Vietnam.

The 1,226 hectare integrated township and industrial park will be built in Tinh Tho and Tinh Phong Communes in Son Tinh District of Quang Ngai Province.

With the first phase of the project ready to be kicked off by the third quarter of this year, the Vietnam Singapore Company is calling on its investors to fund the project.

Vietnam Singapore Industrial Park Company is a world-class industrial park development company that was initiated by the Governments of Vietnam and Singapore.

Its first industrial park was built in Binh Duong Province in 1996, which today has become the leading industrial park in Vietnam. Some 240 investors from 22 countries around the world have chosen to base long-term investment projects here.

The second park was officially launched in 2006.

In 2007, the company announced its expansion plans in the  north with two projects, namely, the Bac Ninh Township and Industrial Park Complex over 700 hectares and the Hai Phong Township and Industrial Park Complex over 1,600 hectares.

By A.Vinh – Translated by Kim Khanh

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