Japanese-invested IZ underway in Dong Nai

March 19, 2012 | 19:40

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Construction of the Long Duc Industrial Zone with an initial cost of VND467 billion started in Long Thanh district of southeastern Dong Nai province on March 19.

Addressing the ground-breaking ceremony, General Director of the Long Duc Investment Ltd. Co., Atsushi Uehara, said that the 282-ha IZ will attract investment from Japanese businesses and will contribute to increasing the foreign investment influx in Vietnam and the country’s export revenues.

Head of the Ministry of Planning and Investment’s Economic Zones Management Department Vu Dai Thang emphasised the importance of building the Long Duc IZ, which he said, affirms the attractive investment environment of Dong Nai and Vietnam for foreign investors.

Meanwhile, Chairman of the Dong Nai People’s Committee Dinh Quoc Thai pledged to assist foreign investors, especially Japanese investors. He said he hopes the IZ will attract Japanese hi-tech and support industry businesses.

The zone is expected to be inaugurated in August, 2013.

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