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Tuesday, July 16, 2024

Long An approves 654-hectare IP project

The Saigon Times

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HCMC – The Mekong Delta province of Long An has presented an investment certificate to Long An Development Invest JSC, a member of SAIGONTEL Group, to develop the 654-hectare Tan Tap industrial park project.

The industrial park, which will be located in Tan Tap Commune in Can Giuoc District, will require over VND10 trillion. The project will operate for 50 years.

The industrial park will feature an innovation center which will span an area of 100 hectares and act as a venue to bring together scientists, talents and highly-skilled workers. The LA Innovation Techno Park is expected to attract a series of technology brands, major manufacturers and multi-national enterprises.

The Tan Tap industrial park project is set to attract over US$6 billion in foreign investment, mainly in electronics and engineering.

When in place, the industrial park will help accelerate industrial production and increase export revenue in Long An, contributing to the province’s economic growth.

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