Work starts on $1-billion industrial zone in Nghe An
Work starts on $1-billion industrial zone in Nghe An
Deputy Prime Minister Vuong Dinh Hue attended a groundbreaking ceremony for the WHA Hemaraj Nghe An Industrial Zone project in the central province on Saturday.
This is an important project for attracting investment in the province, marking the success of co-operation between the province and Hemaraj Group, as well as Thai enterprises.
The project has a total investment of some VND22 trillion (nearly US$1 billion), covering an area of over 3,200ha in Nghi Loc and Dien Chau districts.
The first phase of the project has an investment of $92.2 million and an area of 498ha, aiming to build a synchronised and modern infrastructure, and prepare empty land to attract investors inside and outside the country.
Once operational, the industrial zone is expected to create more jobs and improve incomes for locals, and help shift the local economic structure and increase the proportion of industrial production in Nghe An.
