The People’s Committee of central Thanh Hoa province has approved the planning of Luu Binh Industrial Park in Quang Xuong district.

Covering some 470 ha, the projected IP is oriented to develop into a modern production facility with priority given to high-tech sectors such as electrics, communications and information technology.

The project will be developed into three phases, with 161.30 ha, 140.57 ha 141.90 ha to be allocated in the first, second and third phases, respectively.

The IP will have comprehensive infrastructure system and connect with the Nghi Son Economic Zone and other IPs in the region.

The project is expected to help boost investment attraction for the province, as well as meeting demand of local businesses.