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Over 500 bln VND for IP infrastructure in Binh Duong

09:31 | 11/8/2012 |  0 Feedback
The Vietnam – Singapore Industrial Park (VSIP) in Binh Duong southern province signed a contract on August 8 with Standard Chartered Bank Vietnam to develop infrastructure for its expansion.

Source: internet

Binh Duong is considered one of the most attractive destinations for foreign investors thanks to its industrial parks’ comprehensive infrastructure development, as well as making land available for both domestic and foreign investors.

So far, 28 industrial parks have been developed with a total of 9,000ha available for use, attracting over 2,000 foreign projects with a total licensed capital of 16 billion USD.

VSIP has formed an industrial park chain in four provinces across the country with total land of up to 6,000ha. The system in Binh Duong has attracted 415 investors, who have put into operation 303 projects with registered capital reaching 3.8 billion USD, creating employment for 100,000 workers.
BVI/VNA.
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