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Hai Phong greenlights two FDI projects

Update: August, 28/2014 - 08:40

HAI PHONG (VNS)  — The management board of the Hai Phong economic zone has granted licences for two foreign direct investment (FDI) projects.

Of those, the Hong Kong's Warehousing Workshop Worldwide will invest US$15.5 million in a warehouse and hiring office project in the Dinh Vu Industrial Park. The construction will start in December and be operational by June next year.

Japan's Taiyou Denki KK will invest $7 million to build a loudspeaker factory in the Viet Nam - Singapore Industrial Park (VSIP) in the northern Hai Phong City. The project is expected to be ready in October next year.— VNS

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