The Management Board of Economic Zones and Industrial Parks of Hue city in central Vietnam is inviting investors to develop two industrial and non-tariff parks within the Chan May–Lang Co Economic Zone.
The projects include Chan May Industrial and Non-tariff Park No.1, covering nearly 239 hectares, with an estimated investment capital of over VND1.45 trillion ($54.7 million), and Chan May Industrial and Non-tariff Park No.2, which spans around 268 hectares and requires investment capital estimateed at about VND2.3 trillion ($86.7 million).
Investors are required to hold a minimum equity of 15% of total investment capital and complete project construction within 24 months from the date of land handover.
The Chan May–Lang Co Economic Zone currently hosts 55 active projects with total registered capital exceeding VND97 trillion ($3.74 billion), including 15 foreign direct investment (FDI) projects, worth more than VND56 trillion ($2.16 billion).