Korean Firm to Develop IP Infrastructure in Binh Phuoc Province
The People’s Committee of Binh Phuoc province has just allowed the C&N ViNa Co., Ltd. of Korea to build infrastructure at an industrial park (IP) in Minh Hung commune, Chon Thanh district over an area of around 200-300 hectares.
The IP, with an estimated capital of US$15 million, will house enterprises involved in the garment and textile, dyeing, embroidery, wood and rubber processing, and steel-made tools industries, and will create jobs for about 10,000-12,000 workers.
The province also permitted the foreign company to build a golf tourism resort on an area of 500 hectares over the next four to five years.
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