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VietNamNews

Industrial investors given incentives

Update: October, 12/2013 - 09:23

HCM CITY (VNS)  — Tin Nghia Corporation plans to offer investors at Tan Phu Industrial Park in southern Dong Nai Province free use of infrastructure for the first five years of their contracts as part of its preferential policy to attract businesses.

The IP is located in Dong Nai Province's Tan Phu District and covers an area of 50ha, of which more than 36ha is industrial land for rent.

Tan Phu District has abundant labour resources with low costs particularly suited to labour-intensive industries such as textiles and garments, leather footwear, wood production and agriculture.

The Tin Nghia Corporation, known as one of the biggest companies in Dong Nai Province, was selected as of Viet Nam's Top 200 enterprises by the United Nations Development Programme (UNDP).

The corporation has invested in eight industrial parks in Dong Nai and Ba Ria-Vung Tau provinces that cover a total area of 3,500ha with total investment capital of $4 billion. The industrial parks have attracted nearly 200 businesses. — VNS


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