Investing in a VND3,800 billion industrial park in Quang Ngai

VIÊN NGUYỄN |

VSIP II Quang Ngai Industrial Park is about to break ground with a total investment of nearly VND 3,800 billion, creating job opportunities for 49,000 workers.

According to information from the People's Committee of Quang Ngai province, the locality is coordinating with VSIP Quang Ngai Company Limited to organize the VSIP II Quang Ngai Industrial Park Land Ceremony on the morning of March 12, in Binh Hiep commune, Binh Son district (belonging to Dung Quat Economic Zone).

Accordingly, the VSIP II Quang Ngai Industrial Park Infrastructure Investment and Business Project, Phase 1, was approved by the Prime Minister at the end of December 2023; with a scale of nearly 500 hectares, a total investment capital of nearly VND 3,800 billion, and an operating period of 50 years.

The project is implemented in the two communes of Binh Thanh (289ha) and Binh Hiep (209ha), Binh Son district, with one side adjacent to National Highway 1. The project implementation location is mainly agricultural land, rural land... there will be about 130 households having to move to give up land for the project.

The construction implementation period is expected to be 60 months; when completed, VSIP II Quang Ngai will create jobs for about 49,000 workers, developing the local socio-economy.

According to the plan, VSIP II Quang Ngai Industrial Park includes main items, such as: Service works, production works, warehouses, technical infrastructure... The project will develop a multi-industry, high-tech industry, environmentally friendly associated with urban areas - supporting services. priority industries to attract investment include: Automobile manufacturing, textiles, food processing, beverages, processing, manufacturing...

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