PM approves investment policy for Binh Dinh Becamex IZ

Tuesday, 2020-02-18 20:58:22
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Planning of Binh Dinh Becamex industrial zone (Photo: nld)
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NDO/VNA – The Prime Minister has approved investment policy for the Binh Dinh Becamex industrial zone (IZ) under Decision No.270/QD-TTg.

The IZ covers 1,000ha in Canh Vinh commune, Van Canh district, the south central province of Binh Dinh.

It costs over VND 3.3 trillion (US$ 143.4 million), nearly VND 500 billion of which is State capital, more than VND 2 trillion is from loans and over VND 800 billion is mobilised from other sources.

Following the first stage, a 400ha residential and resettlement area and an 883ha urban and services area will be built in the second stage.

Earlier, the PM agreed to add Becamex – Binh Dinh Industrial, Urban and Service complex into the planning of Nhon Hoi economic zone in Binh Dinh.