Exciting news for the Vietnam Manufacturing sector!
The VSIP Can Tho Industrial Park, the 13th Vietnam - Singapore Industrial Park project, began construction in September 2023. Covering a planned area of 900 hectares, the park is being developed with an emphasis on smart and sustainable practices. The initial phase, spanning 293.7 hectares, is primarily dedicated to the food processing and distribution industry. The project is expected to be completed within 36 months, after which it will serve as a significant industrial hub in the Southern region.
Upon completion, the Industrial Park is expected to create 100,000 jobs and attract investments totaling 3.5 billion USD. To date, 19 enterprises from countries including the US, Japan, Korea, China, Singapore, etc. have signed memoranda of understanding to invest in the park, securing approximately 100 hectares of land with a collective investment of around 200 million USD.
Find the full article at: https://cafef.vn/viet-nam-sap-co-khu-cong-nghiep-thu-hut-35-ty-usd-tao-viec-lam-cho-100000-nguoi-18824081421055215.chn