THE SOCIALIST REPUBLIC OF VIET NAM
Government News
Rubber group to make heavy investment in Tây Ninh Province
VNGOP – The People’s Committee of southwestern Tây Ninh Province has okayed the Việt Nam Rubber Industry Group’s project to build an industrial-urban-service complex in the province.
December 25, 2007 7:17 AM GMT+7
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A rubber farm – Illustration photo |
The complex will be based on both the Phương Đông and Bời Lời Industrial Parks in Gò Dầu and Trảng Bàng Districts, about 60 km from Hồ Chí Minh City.
It is expected to be the largest of its kind in Tây Ninh Province with a total investment capital of over VND 1 trillion (US $62.5 million).
It will cover a total area of 3,000 ha, of which 700 ha will be reserved for industrial area. Within the complex, a 150 ha container port will be built next to the Sài Gòn River.
(Source: VNA)