Vietnam’s leading developer Becamex IDC on May 17 started construction of the Cay Truong Industrial Park project and the Bau Bang Industrial Park Phase 2 Project, both located in southern Binh Duong province.

The Cay Truong IP covers 700 ha with an estimated investment capital of nearly VND5.5 trillion ($210 million). It will give priority to attracting investment in high-technology and environmental-friendly sectors.

The Phase 2 of the Bau Bang IP will expand by 380ha to serve increasing demand of large-scale industrial producers.

The two IPs are expected to welcome high-quality FDI projects, in line with sustainable development targets of the province, according to Becamex IDC Director General Pham Ngoc Thuan.