The Thanh Hoa Provincial People’s Committee has approved the investment plans of certain projects in the north-central province, including the construction of a factory producing mechanical equipment and the building of three residential areas.

The Dai Dung Nghi Son Mechanical Manufacturing JSC will build a high-tech mechanical factory at the Nghi Son Economic Zone in Nghi Son commune.

The project’s goal is to produce metal structures and process and install industrial machinery and equipment to meet demand at projects in Vietnam and around the world.

It will cover 10.2 ha and have a capacity of 50,000 tons of products a year.

Total investment is estimated at over VND501.6 billion ($21.16 million).

Meanwhile, three projects were licensed to build residential areas in Hau Loc and Hoang Hoa districts with total investment of over VND3 trillion ($126 million).