Signing credit contract to finance VSIP 3 project

On the afternoon of August 22, Vietnam - Singapore Industrial Park (VSIP) Joint Venture Co.Ltd. and the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) held a signing ceremony of the credit contract to finance VSIP 3 project at provincial Convention and Exhibition Center.

The event was attended by Nguyen Hoang Thao, Permanent Vice-Secretary of provincial Party Committee; Nguyen Van Danh, Vice-Chairman of provincial People's Committee; leaders of BIDV, Becamex IDC...

Leaders of the province, BIDV, Becamex IDC... congratulate VSIP Joint Venture Co.Ltd. and BIDV on signing a credit contract to finance VSIP 3 project

Speaking at the signing ceremony, leader of VSIP Joint Venture Co.Ltd. said that following the success of VSIP projects deployed across the country, the VSIP 3 project in Binh Duong will continue becoming a highlight and an attractive destination for investors, being a typical model on synchronous, smart, green, environmentally friendly, sustainable and modern industrial park under the development orientation of the Government and province. Leader of BIDV also expressed their belief that VSIP 3 will continue following the success of with VSIPs 1, 2 in Binh Duong and other industrial parks across the country.

It is known that the cooperation between BIDV and VSIP started in 2003 to develop VSIP 1 in Binh Duong. In 2006, the two units continued developing VSIP 2, VSIP 2A and continuously expanded cooperation across the country, especially  VSIP Quang Ngai in 2013, VSIP Nghe An in 2013. After nearly 20 years of companionship, BIDV and VSIP continued tightening the strategic partnership between the two units when signing a credit contract to finance the development of VSIP 3 with a total funding amount of up to VND 4.6trillion (equivalent to about US$ 200 million).

Reported by Thanh Hong-Phuong Le-Translated by Kim Tin