Korea Land & Housing Corporation (KLHC) has just released its final report on the projects in Chan May-Lang Co Economic Zone in the central province of Thua Thien-Hue.
|Korea Land & Housing Corporation is looking to develop three projects in Thua Thien-Hue |
The projects are divided into three phases. In the first phase, KLHC will implement the HuKo industrial park project covering an area of about 115 hectares with an investment of $34.5 million.
In the second phase, the group will develop a high-tech industrial park with an area of about 700ha. In the third phase, the group will build an urban area of about 1,000ha. The total area of the three projects is about 1,815ha.
In November 2019, Thua Thien-Hue signed an MoU with KLHC to invest and develop Chan May-Lang Co Economic Zone.
At virtual meetings, provincial leaders have urged businesses to accelerate research and survey plans. Businesses must regularly provide research and progress reports so the province can faciltate the implementation of the projects.
Previously, AEON Mall Vietnam Co., Ltd. and Thua Thien-Hue People's Committee signed an MoU to outline the pathway for the opening of a shopping mall in the locality with the total investment capital reaching $160 million.
Nguyen Dai Vui, director of Thua Thien-Hue Department of Planning and Investment, said that the province is building a portfolio projects calling for investment in the 2021-2022 period. The province has adopted a project management software connecting the local authorities and businesses and helping investors track progress.