Trà Vinh Province approves $7.8m industrial cluster

September 25, 2022 - 12:01

The Mekong Delta province of Trà Vinh has decided to build the An Phú Tân industrial cluster in Cầu Kè District at a cost of more than VNĐ185 billion (US$7.8 million).

The Hiệp Mỹ Tây industrial cluster in Trà Vinh Province’s Cầu Ngang District. —VNA/VNS Photo

TRÀ VINH — The Mekong Delta province of Trà Vinh has decided to build the An Phú Tân industrial cluster in Cầu Kè District at a cost of more than VNĐ185 billion (US$7.8 million).

The Thiên Phú Construction Investment and Electromechanical Joint Stock Company and Thái Sơn Traffic Construction Joint Stock Company will develop the 20ha cluster, according to the province People’s Committee.

It is expected to be finished in the third quarter of 2024.

Once operational, it will prioritise tenants in the automobile, mechanical, high-tech, packaging, footwear, textile-garment, food processing, and electronics supporting industries.

Vice chairman of the province People's Committee, Nguyễn Quỳnh Thiện, said to spur industrial growth and economic restructuring to foster industrialisation and modernisation, the People's Committee has approved plans to develop 14 industrial clusters with a total area of 539ha.

Construction of technical infrastructure has begun on three of them, Tân Ngại, Hiệp Mỹ Tây and Phú Cần.

The province is soliciting investment in building technical infrastructure for the Lưu Nghiệp Anh cluster in Trà Cú District and Sa Bình cluster in Trà Vinh City. — VNS

Lào Cai province calls for more Japanese investments

Economy

Chilli pepper exports jump 53% in Q1

Economy

Masan closes $250 million investment from Bain Capital on April 22

Economy

Vietnamese PM outlines three key breakthroughs for ASEAN's path to digital excellence

Economy

FPT and NVIDIA ink MoU to build $200m AI factory

Economy

Two bidders win the first gold auction this year

More on this story

Economy

HCM City to host int’l food expo next month

The HCMC FOODEX 2022, Việt Nam’s leading food and beverage (F&B) trade show, will take place next month in HCM City from October 19-22.

Economy

Raising awareness on blockchain potential crucial: experts

To make blockchain more accessible and more widely adopted, raising awareness of its potential through education, successful applications and having regulatory frameworks are crucial, according to experts at blockchain conference BUIDL Việt Nam 2022.

Economy

Untapped opportunities for Vietnamese pepper exports in the UK

Currently, the UK is the second-largest importer and consumer of pepper in Europe after Germany and Việt Nam is among major pepper suppliers for this market.

Economy

Trade and legal disputes part of the game with UKVFTA

Vietnamese businesses must stay vigilant and do their homework to avoid trade and legal disputes in exporting to the UK to take full advantage of the United Kingdom-Vietnam Free Trade Agreement (UKVFTA), which officially went into effect last May, say industry experts and policymakers.

Economy

US businesses interested in cooperating with Việt Nam in energy transition, digital transformation

Permanent Deputy Prime Minister Phạm Bình Minh on September 22 met representatives from the US Chamber of Commerce, the Business Council for International Understanding (BCIU), the US-ASEAN Business Council (USABC) and US firms operating in many different areas in New York.