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Nam Tien Phong project granted investment licence

Dec 26th at 13:38
26-12-2014 13:38:38+07:00

Nam Tien Phong project granted investment licence

The USD$128 million project for the investment, construction and operations of the infrastructure for an industrial zone and Nam Tien Phong port was granted an investment licence on December 24.

The project will begin construction in 2015 in Quang Yen town, northern Quang Ninh city.

The wholly foreign-invested industrial zone and port is a venture investment by the Tien Phong Industrial Zone Joint stock company. It is a joint undertaking with Hong Kong's Rent A Port Company, Infra Asia Investment Limited and Belgium's International Port Engineering and Management Company.

The project will cover an area of 487ha and be equipped with a modern infrastructure.

Provincial People's Committee Chairman Nguyen Van Doc asked authorities during the license granting ceremony on Tuesday to support the investor in completing land clearance procedures and installation of lighting, water and transportation systems, to make it easier to begin construction next year.

bizhub

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