On April 5, Chairman of Lam Dong Provincial People's Committee Tran Hong Thai signed a decision to establish Da Oai Industrial Cluster in Da Oai commune, Da Huoai district, with an area of 40.79 hectares.
The industrial cluster will operate mainly in the fields of agricultural and forestry processing and food processing; garment; mechanical engineering, handicrafts; construction materials and industries suitable to local conditions, not causing environmental pollution.
Thanh Thanh Cong Industrial Park Joint Stock Company (Tay Ninh) is the investor in building technical infrastructure for the industrial cluster, with a total investment capital of up to 172.5 billion VND. Of which, 40% of the capital is contributed by investors, the rest is mobilized from credit institutions.
The project implementation progress is expected to last 25 months from the date of the decision to establish the granted industrial cluster.