Singaporean firm to invest in technology park in Binh Duong

Singapore ’s Mapletree real estate corp. on Oct. 14 signed a land lease agreement with Becamex Investment and Development Trading company to build a technological park in southern Binh Duong province.

The 400 million USD project will take up 75 ha of land and is Mapletree’s first trading and production complex in Vietnam which aims to serve local companies operating in software development, software outsourcing and goods production.

Apart from the hi-tech park, Mapletree has inaugurated a 110 million USD storage facility in the Vietnam – Singapore II industrial zone.

The provincial People’s Committee chairman Nguyen Hoang Son promised that the province will create the most favourable conditions for the Singaporean investor to implement the project smoothly.

VNA

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