VND145billion spent on building Ips’infrastructure

Cập nhật: 19-10-2017 | 11:38:07

This is the latest figure released by provincial Department of Planning and Investment.

Over the past time, province-based Ips also had a total of 265 hectares of industrial land and workshop for lease. They absorbed more than US$1.76billion or 89.6% of the whole province’s total FDI capital as of October 15. The province is also developing some new and expanded Ips together an industrial compound. Province-based Ips have continued upgrading their infrastructure facilities and boosting marketing for investment attraction.

Industrial manufacture is seen as a spearheading sector for the local breakthrough. Hence, right after being reestablished, the province has focused on fostering Ips to lure investment projects, serving the local development cause. As of now, the province has had a total of 28 Ips of 10,560 hectares with the rate of land tenancy at 71% and 11 industrial compounds of 802 hectares with the rate of land tenancy at 62.6%.

The Government has also approved a plan on Ips development of the province. Accordingly, there will be 33 Ips of 4,790 hectares by the end of 2020…

Reported by Minh Nguyen-Translated by K.T

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