Approved investment of more than 3,373 billion VND for Nam Thang Binh Industrial Park

(QNO) - The People's Committee of Quang Nam province has decided to approve the investment policy of the Project to build and operate infrastructure in Sub-area B - Nam Thang Binh Industrial Park, with a total investment capital of more than VND 3,373 billion in phase 1. The project is invested by Nam Thang Binh Industrial Park Infrastructure Investment Joint Stock Company - a unit of BIN Corporation.

The area will be built Nam Thang Binh Industrial Park. Photo: PHAN VINH

Nam Thang Binh Industrial Park (IP) Phase 1 has a scale of 346 hectares, located in Binh Trung, Binh Sa and Binh Nam communes (Thang Binh). According to the plan, this is a "golden land" area in the industrial development strategy of Eastern Quang Nam , focusing on attracting high-tech, high value-added and environmentally friendly industries. The project's operating period is 70 years from the date of investment policy approval.

The project's objective is to invest in the construction of a synchronous and modern industrial park infrastructure, serving the land leasing needs of domestic and foreign secondary investors for production and business. At the same time, it provides industrial real estate services, warehouses and production support. The industrial park is oriented to develop according to the ecological industrial park model, reducing emissions, using renewable energy, prioritizing trees and green infrastructure.

Provincial leaders and investors survey the project site. Photo: PHAN VINH

BIN Corporation is the indirect investor of the project - a multi-industry corporation headquartered in Ho Chi Minh City, with a network of offices in Singapore, Hong Kong, Lithuania, Canada and the United States. Its fields of operation include: financial and business consulting, digital marketing, e-commerce, real estate, technology and tourism . Mr. Le Hung Anh, founder and CEO of BIN Corporation, is a native of Quang Nam and was awarded a project research agreement by the province in early 2023.

Mr. Le Hung Anh said: "We will focus on calling for businesses operating in the field of zero carbon emissions, using clean technology and having a strong financial foundation. With an extensive international network, BIN Corporation aims to bring investors from the US, EU, Korea, Japan... to Quang Nam, accompanying the provincial government in the goal of sustainable industrialization" -

The project is expected to promote economic development in the Eastern Quang Nam region in the near future. Photo: PHAN VINH

According to the Quang Nam Provincial Planning to 2030, with a vision to 2050, the Eastern region continues to be a driving force with key economic sectors such as marine economy, clean industry, logistics services, trade and tourism. The approval of investment in Nam Thang Binh Industrial Park is expected to create a new push in attracting FDI, promoting economic development in coastal areas, creating jobs and increasing budget revenue for the province in the long term.

Source: https://baoquangnam.vn/chap-thuan-dau-tu-hon-3-373-ty-dong-cho-khu-cong-nghiep-nam-thang-binh-3155854.html