Updated  
June, 12 2013 10:39:19

Quang Ninh says yes to $2 billion hi-tech complex

QUANG NINH (VNS)— The People's Committee of northern Quang Ninh Province has given the nod to co-operation between Thailand and Viet Nam in building a high-technology industrial complex.

At a recent meeting between the provincial people's committee and two groups, Amata (Thailand) and Tuan Chau, it was stated the complex was to cover 16,000ha of Quang Yen, Uong Bi districts and Ha Long City, the provincial newspaper reports.

It would provide high-tech centres, free trade zones, research and development centres, value-added products and education and urban areas.

Tuan Chau Group started 15 years ago in the province; its first project was a road linking Tuan Chau Island and National Highway 18. Now the group has 18 smaller companies operating mostly in tourism and real estate.

Amata is Thailand's leading developer and manager of industrial estates. In Viet Nam, the Amata city complex in southern Bien Hoa City has 112 factories and more than 700ha of land. It was established in 1994,

Amata Group said phase 1 of the Quang Ninh project would span 500ha in Quang Yen town at a cost of $1.5-2 billion. Phase 1 was expected to start this year's December and the first plant would go into operation next year.

Provincial chairman Nguyen Van Doc said Quang Ninh was lying in the northern economic hub. He said the investment was a step to convert Quang Ninh into an economic model focusing on industrial and tourism development.

Doc said the province would set up a steering committee for the project. Amata was understood to be working with Tuan Chau to prepare a final proposal to submit to the Government next week. — VNS


Send Us Your Comments:
Name:
Your E-mail address:
Title:
 

VietNamNews may edit your comments and not all emails will be published.

Highlight

Singaporeans unite to help scammed Vietnamese tourist Singaporeans unite to help scammed Vietnamese tourist

The assistance that Singaporeans gave a Vietnamese tourist who was scammed when he bought an iPhone 6 in Singapore has earned much attention and applause from Vietnamese newspapers and netizens.

Old apartments remain in state of disrepair Old apartments remain in state of disrepair

There are more than 1,500 old apartment buildings at risk of collapse across Viet Nam, but in the last decade, only five per cent were rebuilt.

Province backs cable car to cave 2    Province backs cable car to cave

Authorities in central Quang Binh Province have given the go ahead for a highly controversial cable car system connecting various sites in the Phong Nha-Ke Bang National Park to the world's biggest cave, Son Doong.

Edward Scissorhands among free outdoor films Edward Scissorhands among free outdoor films

Saigon Outcast will hold two free Thursday outdoor film screenings this month.

Tax not the solution to online gaming issue 1    Tax not the solution to online gaming issue

A 10 per cent tax on the online gaming industry recently proposed by the Ministry of Finance aims to address the connection between the increase in gaming addiction and game-related crimes among youngsters by charging them more to fuel their addiction.