Investment boosts completion of first IZ in the Plain of Reed
Tien Giang province is investing 20 billion VND and 2.2 million USD as the final step to complete the traffic system for the Long Giang industrial zone, the first of its kind so far in the Plain of Reed.
The sum of 20 billion VND is invested in upgrading two major roads leading into the industrial zone. Meanwhile, 2.2 million USD is spent on dredging three canals in service of construction material transport and moving earths and stones for ground leveling.
Deputy Head of the provincial Industrial Zones Management Board Nguyen Xuan Truong said the Long Giang industrial zone has great potential in drawing hi-tech, clean and environmentally-friendly projects.
He cited its geographic advantages such as nearby national 1A highway and the Ho Chi Minh City-Trung Luong Expressway to support his statement.
The zone now has one client from China who rents 17 ha of land to build an export-oriented brass pipe factory.
VNA
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