PM approves investment policy for Binh Dinh Becamex IZ

VGP - The Prime Minister has recently signed Decision No.270/QD-TTg on investment policy for the Binh Dinh Becamex industrial zone (IZ).

February 25, 2020 2:03 PM GMT+7

Planning of Binh Dinh Becamex industrial zone

The project will cover an area of 1,000 hectares in Canh Vinh commune, Van Canh district, Binh Dinh province.

It will have a total investment capital in excess of VND3.333 trillion ($144.9 million), VND500 billion ($21.74 million) of which will be investor’s equity and over VND2 trillion ($86.96 million) commercial loans, while the remaining VND833 billion ($36.2 million) from other sources.

The project will run for 50 years from the date the investment policy is issued.

Following the first stage, a 400ha residential and resettlement area and an 883ha urban and services area will be built in the second stage.

Earlier, the PM agreed to add Becamex – Binh Dinh Industrial, Urban and Service complex into the planning of Nhon Hoi economic zone in Binh Dinh province./.

By Vien Nhu