minister tours industrial park
BINH DUONG — Singapore
Minister Mentor Lee Kuan Yew on Saturday visited the Viet Nam-Singapore
Industrial Park near HCM City that he initiated more than a decade ago.
The former prime minister,
accompanied by a delegation of senior officials and entrepreneurs, visited its
showroom where he got an insight into its remarkable growth since being set up
Park officials too briefed
him on how the 500ha facility had evolved since its establishment as a
government-to-government project between Viet Nam and Singapore.
The park is a joint
venture between a Singapore consortium led by Sembcorp Industries and Becamex, a
Vietnamese State-owned construction services company.
It has attracted
investments from 22 countries worth more than US$1.5 billion and employs over
Japan is the leading
investor, followed by Taiwan and Singapore.
The park houses a
high-tech cluster each for the electronics, automotive, and pharmaceuticals
Lee later held talks with
leaders of Binh Duong Province. — VNS