The Binh Dinh Provincial People’s Committee has decided to establish the Tan Tuong An Industrial Complex in the south-central province’s Phu My district, covering 50 hectares.
Total investment stands at over VND311 billion ($13.1 million).
The complex will mainly operate in processing agricultural products for export and producing construction materials and garments and textiles.
Binh Dinh will give priority to projects that do not harm the environment and produce specialized local products.
The complex will be invested in by the Nhon Tan Warehouse Investment and Development Ltd. Co.
Construction is scheduled to take no longer than three years.
There are 86 FDI projects in Binh Dinh at present, with total registered capital of $1.13 billion.