Home / Investment / Industrial zone
New industrial project expected to lure high-tech investment in Thai Binh
Nhat Minh 19:51, 2020/12/14
The new project is considered as an important imprint in the drive of attracting investment into the Thai Binh Economic Zone.

A project on infrastructure construction kicked off on December 13 at the Lien Ha Thai Industrial Park (Green IP-1), with a VND3.9 trillion (US$167.8 million) investment, in the northern province of Thai Binh. 

The project is expected to lure billions of dollars of investment in electronics and high-tech projects in the coming time.

 Prime Minister Nguyen Xuan Phuc and delegates attend the ceremony in December 13 in Thai Binh province. Photo: thanhtravietnam

Speaking at the ground breaking ceremony, which was attended by Prime Minister Nguyen Xuan Phuc, Chairman of the provincial People’s Committee Nguyen Khac Than said that the Green IP-1 and other projects in the economic zone in general will be the magnet of domestic and foreign investments. 

Once operational, Green IP-1, with an area of more than 588 ha, is expected to fuel Thai Binh’s socio-economic development and contribute to the growth of the Red River Delta and the whole country, Mr. Than said.

Mr. Than suggested the government should soon approve the policy on the Green IP-1 project and allow the province to continue establishing other industrial, urban and service areas in the Thai Binh Economic Zone. He also asked for speeding up site clearance and compensation for resettled residents, promptly addressing arising difficulties during implementation.

Covering nearly 30,600 ha, the Thai Binh EZ covers 30 communes and one town in Thai Thuy and Tien Hai districts.

RELATED NEWS
TAG: industrial project high-tech investment foreign investors
Other news
09:57, 2021/57/26
Vietnam Prime Minister approves three industrial parks
The industrial parks are expected to benefit from the expansion wave of foreign-invested enterprises in Vietnam.
16:27, 2021/27/28
Recruitment demand of foreign manufacturers surges in 2021
Foreign investors will likely expand their scales in new industrial zones in the south this year.
19:51, 2020/51/14
New industrial project expected to lure high-tech investment in Thai Binh
The new project is considered as an important imprint in the drive of attracting investment into the Thai Binh Economic Zone.
18:53, 2020/53/25
Vietnam draws US$6 billion in FDI to industrial and economic zones in H1
This resulted in a total of 9,853 foreign-invested projects in the country’s industrial parks and economic zones with total registered capital of US$197.8 billion to date.
08:51, 2019/51/26
Strong FDI brings gold for Vietnam’s industrial zone developers
Vietnam is one of the most attractive destinations for the industrial sector in Southeast Asia and JLL expects that the trend will continue in the second half of 2019 and interest from foreign investors in Vietnam will remain strong.
18:54, 2018/54/30
Foreign investment fuels industrial real estate in Vietnam
The industrial parks are available in every part of Vietnam, mainly Ho Chi Minh City, Hanoi, Binh Duong, Hai Phong, Quang Ngai, and Dong Nai.