Deputy Prime Minister Le Minh Khai has approved the investment policy for construction and trading of infrastructure at Tan Phuoc 1 Industrial Park in Mekong Delta’s Tien Giang province.

The industrial park, located in Tan Phuoc district, will cover an area of 470 ha.

With a total investment capital of over VND5.93 trillion ($233 million), the project is expected to be completed within 60 months from the date of land handover by the State.

The Ministry of Planning and Investment (MPI) is tasked with appraising the project along with overseeing State management concerning industrial parks in accordance with State investment regulations. Other ministries and agencies are responsible for evaluating the project within their jurisdiction.