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VietNamNews

Nam Dinh plans new textile industry zone

Update: March, 21/2014 - 08:33

NAM DINH (VNS) — A 1,500-ha textile industry zone is expected to be built in Nghia Hung district, Nam Dinh province, by the end of 2014, according to Vietnamplus news website.

The project, jointly invested by the Luenthai Company of Hong Kong (China), the Viet Nam National Textile and Garment Group (Vinatex) and China's Jialida Company, is worth US$400 million.

During a working meeting with provincial officials, representatives of the investors proposed that the province should hand over the land soon and introduce preferential policies for them. They also asked for permission to build a power plant and a wharf to help the operations of the industrial zone. — VNS

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