Deputy Prime Minister Tran Luu Quang has signed a decision approving investment in a project on infrastructure construction investment and trade at the Bac Thanh Ha Industrial Park (IP) in north-central Ha Tinh province.

The project will be invested in by the Vietnam-Singapore Urban and Industrial Park Development Joint Stock Company.

The IP will cover over 190 ha in Thach Ha district.

Total investment is estimated at VND1.55 trillion ($64.5 million), of which the investor will contribute over VND233.3 billion ($9.7 million).

The Bac Thanh Ha IP is a multi-industry facility with a focus on the production of electronics, computers, solar power panels, automobiles, and medicine, together with logistics services, the energy industry, light industry, supporting industry, trade and services, information technology, bio-technology, and high technology.