Binh Dinh: Add 2 investment projects to industrial clusters

Binh Dinh: Add 2 investment projects to industrial clusters

Information from Binh Dinh Investment Promotion Center said that the provincial People's Committee has approved the investment policy for 2 small and medium projects investing in the industrial cluster of this province with a total capital of more than VND 144 billion.

Projects include: Forest product processing factory, registered by An Viet Phat Energy One Member Co., Ltd. at Tay Xuan Industrial Complex (in Tay Thuan commune, Tay Son district), specializes in manufacturing wood pellets and other finished wooden furniture products. The factory will be built on an area of nearly 67,000 m2, with a total investment of 134.6 billion dong, expected to be completed in the first quarter of 2020.

Currently, the demand of attracting investment in industrial clusters in Binh Dinh is huge because the land fund is still large, the terrain and transportation are basically completed.

And another project is a mechanical repair and production workshop of Tan Thanh Construction Co., Ltd. registered to invest in Phuoc An industrial cluster (in Phuoc An commune, Tuy Phuoc district). This project is built on an area of nearly 9,000 m2, with an investment of VND 9 billion. When completed, each year the factory produces and repairs over 9,000 motor devices, generators, electric control devices, turbines ... 100% new production lines with European standards. Expected to be in the third quarter of 2019, the factory will go into operation.

Viet Huong