Long An to have 4 new industrial clusters this year
Long An to have 4 new industrial clusters this year
Long An Province is set to get four industrial clusters this year, Vinh Khang, Tan My, Tu Phuong, and Hiep Hoa, according to its Department of Industry and Trade.
Their developers are expected to clear the lands by the end of this month and then begin construction of infrastructure for wastewater treatment, traffic, water, drainage, and electricity, which are expected to be completed by the end of this year.
Once completed, they will add nearly 200 hectares to the province’s availability of industrial lands.
The province has 16 industrial parks with a total area of over 2,282ha and average occupancy of 89.2 per cent.
They house 796 foreign projects worth a total of US$7.857 billion and 831 local ones worth VND92.32 trillion ($4.02 billion).
It is also home to 22 industrial clusters with an occupancy rate of 86.5 per cent. There are 647 projects with a total investment of VND16.128 trillion ($701.2 million), including 60 foreign ones worth $209.6 million.
According to its Department of Industry and Trade, the province’s industrial cluster development plan for until 2020 envisaged having 62 industrial clusters with a total area of more than 3,100ha by then, but currently only 22 industrial clusters have been put into operation.
The department said it would focus on completing the province’s industrial cluster development plan for 2021 – 30 to attract more investment.
Besides, it would monitor and ensure developers of infrastructure in the clusters finish the work in time, it added.
