Construction on the first phase of Cong Hoa Industrial Zone began on Sunday in Chi Linh District, Hai Duong Province.
The Viet Nam Rubber Industrial Zones and Urban Development Joint-Stock Company (Vinaruco), under the Viet Nam Rubber Industry Group has set aside more than VND1 trillion (US$64.63 million) for the first phase.
The project is considered to be the biggest industrial zone (IZ) in the province so far.
Cong Hoa IZ will be built in two phrases covering 700ha. It is expected to attract 20,000 workers and take about three years to complete.
The zone will include industries such as electronics, IT, electrical equipment production and car manufacturing.
On the same day, Vinaruco started work on the $14.3 million 398B Highway, which will cross through Cong Hoa IZ to link Hai Duong, Quang Ninh and Hai Phong.
Eight IZs covering 1,600ha have been built in Hai Duong so far including Nam Sach, Dai An, Phuc Dien, Tan Truong, Viet Hoa, Lai Vu, Phu Thai and Cong Hoa, according to Mai Duc Chon, head of the province’s IZ Management Department.
Total occupancy in all of the province’s IZs is around 60 per cent with Nam Sach, Phuc Dien and Dai An IZs achieving a remarkable 100 per cent.
The province is expected to lure a further 11 industrial zones by 2010.
The Viet Nam Rubber Industrial Zones and Urban Development Joint-Stock Company (Vinaruco), under the Viet Nam Rubber Industry Group has set aside more than VND1 trillion (US$64.63 million) for the first phase.
The project is considered to be the biggest industrial zone (IZ) in the province so far.
Cong Hoa IZ will be built in two phrases covering 700ha. It is expected to attract 20,000 workers and take about three years to complete.
The zone will include industries such as electronics, IT, electrical equipment production and car manufacturing.
On the same day, Vinaruco started work on the $14.3 million 398B Highway, which will cross through Cong Hoa IZ to link Hai Duong, Quang Ninh and Hai Phong.
Eight IZs covering 1,600ha have been built in Hai Duong so far including Nam Sach, Dai An, Phuc Dien, Tan Truong, Viet Hoa, Lai Vu, Phu Thai and Cong Hoa, according to Mai Duc Chon, head of the province’s IZ Management Department.
Total occupancy in all of the province’s IZs is around 60 per cent with Nam Sach, Phuc Dien and Dai An IZs achieving a remarkable 100 per cent.
The province is expected to lure a further 11 industrial zones by 2010.
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