Infrastructure project licensed in Khanh Hoa

Nha Trang Ship Industry Company, under the Vietnam Ship Industry Corporation, has received a license to invest 980 billion VND (57.6 million USD) into building infrastructure for an industrial zone in Van Phong economic zone in central Khanh Hoa province.

The project will cover 204ha in Cam Thinh Dong commune, Cam Ranh township, the largest in the province.

It will build infrastructure to serve the shipbuilding and repairing industry, engineering, electricity and electronics.

The project is expected to become operational by 2011.

This will increase its charter capital to 3.4 trillion VND from the current 2.88 billion VND.

VietNamNet/VNA

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