VND1,100 billion to invest in Cau Treo IZ

The management board of the Cau Treo International Border Gate on April 9 broke the ground on three key projects at the Cau Treo Industrial Zone, with a combined investment capital of more than VND1,100 billion.

The three projects include upgrading the technical infrastructure in the Dai Kim Industrial Zone, and the domestic control gate, building a road to evacuate people during storms and floods and promoting socio-economic development in Huong Son district.

The Dai Kim IZ covers 27ha in Son Kim commune, roughly 30km from the Cau Treo Border Gate. So far dozens of investors are applying for licences to operate there.

The emergency evacuation road which will run more than 40km through the communes of Son Tay, Son Kim I & II, and Tay Son town is designed at a cost of VND952 billion, to safeguard over 20,000 local people.

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