Economy
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| Tiền Giang Province will invest VNĐ1.204 trillion to build a high-tech agricultural park in the 2017-30 period. — Photo doanhnhansaigon.vn |
Viet Nam News
TIỀN GIANG — The southern province of Tiền Giang will invest VNĐ1.2 trillion (US$52.8 million) to build a high-tech agricultural park on a 197ha area in Tam Hiệp, Long Định and Tân Lập 1 communes in the 2017-30 period.
This was stated by Lê Văn Hưởng, chairman of the People’s Committee.
In the first phase from 2017 to 2020, the province will develop technical infrastructure and call on enterprises to invest capital in their high-tech agricultural projects on a 44ha area in the park.
The phase needs total capital of VNĐ280 billion, including VNĐ21 billion from the provincial budget and the remaining from other resources, according to the provincial People’s Committee.
Meanwhile, during the second phase from 2021 until 2030, Tiền Giang will expand the park by 153ha with total investment of VNĐ924 billion. This capital will be used to complete technical infrastructure, the administrative centre and areas for research, transfering high agriculture technology, training human resources and other services.
The provincial Management Board of Industrial Zones will manage construction of the hi-tech industrial park in the first phase. The Management Board of the Tiền Giang Hi-tech Agricultural Park will be established in the second phase. Initially, Tiền Giang will give priority for completing construction of the infrastructure, especially a traffic system for the development of the park.
At the same time, the province will build a policy to attract investment for the park, creating efficiency in socio-economic development, and promote change in the provincial agro-economic structure. — VNS
