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More industrial parks licensed in HCM City

Update: August, 28/2014 - 08:27
Le Minh Xuan IP No2.— Photo ndh

HCM CITY (VNS) — The HCM City Export Processing Zones Authority has issued licences for two new industrial parks in the city.

They are the 99ha Cu Chi Auto Mechanism IP to be built by the Hoa Phu JSC in Cu Chi District's Hoa Phu Commune and the 320ha Le Minh Xuan IP No 2 in Binh Chanh District's Le Minh Xuan Commune.

HEPZA said necessary formalities have been completed for licensing the 300ha Le Minh Xuan IP No 3 to be developed by Sai Gon Investment VRG Co.

Meanwhile, the Government has decided to scrap the 114ha Phu Huu IP from a list of industrial parks to be developed by 2015.

The Tan Tao IP will be reduced from a proposed 175.57ha to 161.35ha while its expansion plan will be reduced from 204.58ha to 182.55ha.

The Phong Phu IP will be reduced from 148.4ha to 134ha, with half the area becoming a technology complex. — VNS

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