Mr. Vo Van Minh - Chairman of Binh Duong Provincial People's Committee said that the province has approved the investment policy and granted investment certificates to 2 newly-granted projects, 3 adjusted projects and 2 industrial park infrastructure projects, with a total investment capital of more than 970 million USD.
Accordingly, Binh Duong province has granted investment certificates to Vietnam - Singapore Industrial Park Joint Venture Company Limited to invest in two industrial park infrastructure projects. Of which, the investment in Vietnam Singapore Industrial Park III (VSIP III) project has a registered capital of 341.2 million USD; the investment in the new urban area project of VSIP Binh Duong Housing Development Company Limited has a registered capital of 471 million USD. The total investment of the two projects is 812.2 million USD.
Two newly licensed projects with a total investment capital of 53 million USD include: Timotion Vietnam Factory project in VSIP III Industrial Park with a capital of 29 million USD and Axman (Vietnam) Company Limited project in VSIP III Industrial Park with an investment capital of 24 million USD.
In addition, Binh Duong province granted investment policy adjustment certificates to 3 projects with a total investment capital of 105 million USD, including: Cheng Loong Binh Duong Paper Co., Ltd. project in Protrade Industrial Park with a registered investment capital of 50 million USD; Deneast Vietnam Co., Ltd. project in VSIP IIA Industrial Park with an investment capital of 40.2 million USD; Dongil Rubber Belt Vietnam Co., Ltd. project in Bau Bang Industrial Park with an investment capital of 15 million USD.
