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PM gives green light to new industrial park in Binh Phuoc

Prime Minister Nguyen Xuan Phuc has issued a decision on the construction and operation of the Ledana Industrial Park in the southern province of Binh Phuoc.
PM gives green light to new industrial park in Binh Phuoc ảnh 1Illustrative photo (Source: moc.gov.vn)

Hanoi (VNA) - Prime Minister Nguyen Xuan Phuc has issued adecision on the construction and operation of the Ledana Industrial Park in thesouthern province of Binh Phuoc.

The project spans 424.54 ha in Loc Ninh district’s Loc Thanh commune. Constructionwill cost 1.2 trillion VND (52.05 million USD), of which 200 billion VND is to comefrom the investor, the Le Dai Nam International Corporation.

The PM requested that the project be completed within five years of his decision.

The investor is responsible for ensuring capital sources and that environmentalprotection is in line with the law.

The provincial People’s Committee and relevant agencies, meanwhile, havebeen assigned to monitor the project and work with the investor on site clearanceand compensation.

Part of the southern key economic zone, Binh Phuoc is set to become anindustrialised province by 2030 with a gross regional domestic product (GDRP) standingamong the top 15 in the country./.
VNA

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