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Long Duc Investment Co to begin work

Update: March, 12/2012 - 10:45

DONG NAI — The Long Duc Investment Co Ltd will begin construction on Monday of the 281-ha Long Duc Industrial Zone at the estimated cost of US$100 million in Long Thanh district of the southeastern province of Dong Nai. The project was slated for completion at the middle of next year, said the company's managing director, Pham Nhat Hanh.

Viet Nam's Donafoods Co established Long Duc Investment Co Ltd with three Japanese partners, including Sojitz Corporation, Daiwa House Industry Co Ltd and Kobelco Eco-Solutions Co Ltd, which holds 88 per cent of the shares. This new industrial zone will bring the total number of industrial zones in the province to 30, covering a combined area of over 9,500ha.- VNS

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