Dong Nai Province Builds New IP

The Urban Area and IP DEVELOPMENT INVESTMENT CORPORATION kicked off work on Nhon Trach 5 Industrial Park (IP) covering an area of 301.7 hectares in Dong Nai province on July 17.       

The IP, 60 kilometres from Ho Chi Minh City, 45 kilometres from Vung Tau City and 22 kilometres from the Phu My Deep-water Port, will accommodate projects related to specific engineering industries, electrical equipment, electronic accessories, textiles and dyeing, industrial chemicals and product, foodstuff processing, and other environmentally-friendly production fields.       

At the ceremony, the first projects worth US$5.5 million were provided with investment licenses.

• C.L