|Representatives cut the ribbon to inaugurate the first phase of Thăng Long Industry Park in the northern province of Vĩnh Phúc. — Photo vinhphuc.gov.vn|Viet Nam News
HÀ NỘI — Japan’s Sumitomo Corporation and Thăng Long Vĩnh Phúc Industrial Park Co., Ltd inaugurated the first phase of Thăng Long Industry Park in the northern province of Vĩnh Phúc on Thursday.
The industrial park, constructed since September 2017, covers more than 213ha in Thiên Kê and Tam Hợp communes of Bình Xuyên District.
The project has completed the first phase of technical infrastructure including surrounding walls, traffic system and water supply and drainage systems.
Vĩnh Phúc Province has also built infrastructure projects outside the industrial park to support investors and attract businesses.
Currently, Thăng Long Industry Park has drawn eight investors from Japan with total investment of more than US$150 million.
It is expected that once operational, the industrial zone will attract 80 secondary investment projects from Japan and employ more than 30,000 workers, contributing significantly to the economic growth of the province.
The park wants projects in non-polluting industries, prioritising high-tech projects, support industry, spare parts production in service of the auto and motorcycle sector and precision engineering.
Speaking at the launch ceremony, chairman of the Provincial People’s Committee Nguyễn Văn Trì said this event marked the efforts of authorities and Sumitomo Corporation, as well as opening a new stage in the process of developing the province’s industrial sector.
The chairman also requested Sumitomo Corporation and Thăng Long Vĩnh Phúc Industrial Park Co., Ltd to deploy the second phase of the project in the shortest time, and soon fill up the industrial park. — VNS