Industrial park construction starts in Binh Duong province

Vietnam’s leading developer Becamex IDC on May 17 started construction of the Cay Truong Industrial Park project and the Bau Bang Industrial Park Phase 2 Project, both located in southern Binh Duong province.

The Cay Truong IP covers 700 ha with an estimated investment capital of nearly VND5.5 trillion ($210 million). It will give priority to attracting investment in high-technology and environmental-friendly sectors.

The Phase 2 of the Bau Bang IP will expand by 380ha to serve increasing demand of large-scale industrial producers.

The two IPs are expected to welcome high-quality FDI projects, in line with sustainable development targets of the province, according to Becamex IDC Director General Pham Ngoc Thuan.