KBC: Investment Attraction for Trang Due Industrial Zone

Kinh Bac City Development Share Holding announced the information on the investment attraction for Trang Due Industrial Zone – Hai Phong as follows:

-         On September 6, 2013, the Management Board of Hai Phong Economic Zone officially granted an investment certificate to LG Electronics. Accordingly, LG Electronics Vietnam Haiphong will receive incentives for the project in the Economic Zone. This is a large project LG Electronics Inc. (LGE) invests in Vietnam.

-         From early 2013, LGE signed an agreement to lease over 40 hectares of Trang Due Industrial Zone in Dinh Vu - Cat Hai Economic Zone.

-         The large project of LGE in Trang Due Zone in Dinh Vu - Cat Hai Economic Zone has total investment of US$1.5 billion and can provide employment opportunities for 20,000 workers, contribute to the social and economic development for the city of Hai Phong.

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