Prime Minister Pham Minh Chinh has given the green light to investment in building infrastructure for the Luong Dien - Ngoc Lien Industrial Park (IP) in northern Hai Duong province.

It will be invested in by the Luong Dien Ngoc Lien Industrial Zone Ltd. Co, with total capital of over VND1.76 trillion ($73 million).

The IP will cover 149.9 ha in Cam Giang district.

Construction is to not exceed three years from the day the State hands over land to the investor.

Hai Duong has eleven IPs under operation with high occupancy rates. Occupancy at the Nam Sach and Phuc Dien IPs, for example, stand at 100 per cent.

The province has recently planned 13 more IPs.