The People’s Committee of central Hue city has approved a joint venture as investor of the Industrial Park No.2 at Chan May – Lang Co Economic Zone.
The joint venture between Kim Long Hue IP Infrastructure Investment Ltd.Co and Kim Long Motor Hue JSC will contribute VND400 billion ($15.2 million) to the project’s total investment capital which is estimated at VND1.845 trillion (more than $70 million). The IP will cover 204 ha in the Chan May - Lang Co EZ, which is being oriented to develop into an industrial - seaport - logistics center of Hue city and the country's North Central region.
Construction of the project is scheduled to start in the fourth quarter of 2026 and it is expected to be put into operation in the second quarter of 2029.
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