Nghệ An IP to break ground in October

August 09, 2017 - 19:00

The VNĐ23 trillion (US$1 billion) WHA Hemaraj Industrial Park in Nghệ An Province’s Southeast Economic Zone will break ground this October.

Participants at the meeting on Wednesday. — Photo baonghean.vn

Viet Nam News

HÀ NỘI — The VNĐ23 trillion (US$1 billion) WHA Hemaraj Industrial Park in the Nghệ An central province’s Southeast Economic Zone will break ground this October.

A representative from the Thailand-based Hemaraj Land & Development Public Co Ltd released the news on Wednesday at a meeting of Nghệ An Province’s leaders, Thailand’s Board of Investment led by deputy secretary general Chokedee Kaewsang and 60 Thai firms.

The first phase of the project, which will cover a combined area of 3,200ha in the two districts of Nghi Lộc and Diễn Châu with rental contracts for 70 years, is expected to be put into operation in early 2018.

This project will be developed through a joint venture between Việt Nam-based Civil Engineering Construction Corporation No 4 (CIENCO 4) and Thailand-based Hemaraj Land & Development Public Co Ltd.

At the meeting, vice chairman of the provincial People’s Committee Lê Ngọc Hoa said the province has enhanced administrative reforms to provide the most favourable conditions for investors.

“Investors can find all information related to investment opportunities or licensing procedures from a single body under the province’s Nghệ An Centre for Investment Promotion and Development Consultancy,” Hoa said. — VNS

Tags Nghệ An province WHA Hemaraj Industrial Park

FPT and DENSO sign MoU to accelerate software-defined vehicle innovation

bizhub

Sacombank wins nine awards from card organisations

bizhub

Work starts on $84.5-million glove manufacturing project in Nam Định

bizhub

Mega trading project starts construction in Đà Nẵng

bizhub

Samsung holds second corporate social responsibility day

bizhub

Growing wine market to be worth US$382 million

More on this story

bizhub

Latest Bphone 2017 introduced

The Bkav Corporation officially introduced the Bphone 2017, the second version of its Bphone, the first made-in-Việt Nam smartphone, on Tuesday.

bizhub

Starbucks to re-sell Đà Lạt reserve coffee

bizhub

Domestic airlines’ efforts to keep flights on time

Domestic carriers made efforts in July to improve their on-time performance rate despite an increase in the number of flights, the Civil Aviation Administration of Việt Nam (CAAV) said.

bizhub

HEC wins Long Sơn Petrochemical Complex contract

South Korea’s Hyundai Engineering and Construction Company (HEC) has won a US$320 million contract to build facilities at the Long Sơn Petrochemical Complex.

bizhub

Central bank issues bills worth $1.27b

The State Bank of Việt Nam issued bills worth VNĐ29 trillion (US$1.27 billion) last week, according to a report from the Saigon Securities Incorporation (SSI)’s retail research division.

bizhub

Viettel increases broadband speed across Việt Nam

Military-run telecom group Viettel on Tuesday announced that it was increasing its broadband speed for free for all its subscribers nationwide.

bizhub

Michelin customers win free tickets to Japan F1 race

In a lucky draw four Michelin customers won free trips together worth VNĐ320 million (U$$14,200) to the Japanese Formula One in September at the Twin Ring Motegi course.

bizhub

Vinpearl Land Nha Trang launches new games this summer

To mark summer 2017, Vinpearl Land Nha Trang has introduced many new games and expand its entertainment area from 50ha to 70ha.

bizhub

Textile sector needs $22bln investment

Foreign investment is needed to address the capital shortage in the production of textile and garment materials in Việt Nam. In fact, to meet the demand for clothes and ancillary materials for outsourcing enterprises by 2025, Việt Nam needs some US$22 billion invested in textile and dyeing, the Vietnam News Agency reported.