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Dong Nai establishes high-tech industrial zone

Update: July, 22/2015 - 23:07
Chairman of Dong Nai People's Committee Dinh Quoc Thai hands over investment licence for establishing the Long Thanh High-tech Industrial Zone to the Amata Viet Nam Joint-stock Company. — Photo baochinhphu.vn

DONG NAI (VNS) -- The Dong Nai People's Committee today established the Long Thanh High-tech Industrial Zone, the first high-tech industrial zone in the province.

The Amata Viet Nam Joint-stock Company, which has received all its funding from Thailand, is investing in the zone, which is spread over more than 410ha in the Tam An and An Phuoc communes and Long Thanh Town.

The zone will involve a total investment of nearly US$300 million and will be developed in two stages, from 2015 to 2017 and from 2017 to 2020.

Dinh Quoc Thai, Chairman of the Dong Nai People's Committee, said the establishment of the zone was in line with the province's development strategy, which is aimed at attracting investors and high-tech projects.

Dong Nai now has more than 1,300 projects involving foreign investment, with the total investment adding up to more than $26 billion.

Somhatai Panichewa, General Director of the Amata Viet Nam Joint-stock Company, said once it was opened for public use, the zone would attract foreign investment of some $650-750 million and create jobs for 60,000 to 220,000 workers. -- VNS

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