Page 4 - VSIP-News-QIII-2014

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LATEST NEWS
VSIP Quang Ngai to marks its first
anniversary
Quang Ngai, September 13, 2014
– It has been a year since the ground-
breaking of VSIP Quang Ngai Integrated Township and Industrial Park, it has
successfully attracted 10 investors from 06 countries pledging a total in-
vestment capital of US$200 million.
ng Ngai was officially launched by the heads of governments,
Prime Ministers Lee Hsien Loong of Singapore and Nguyen Tan Dung of
Vietnam, signifying the importance of bilateral economic cooperation be-
tween the two nations.
Comprising a total of 1,200-hectare of mixed development located in Son
Tinh District’s Dung Quat Economic Zone; VSIP Quang Ngai offers investors
preferable incentives granted by the government under the Dung Quat
Economic Zone’s scheme. The targeted industries include food and bever-
age manufacturing, fast-moving consumer goods (FMCG), electronics as-
sembly and other light industries catering to the oil and gas and chemical
sectors.
The project will be developed in stages. In the first phase of development,
180 hectare of land has been successfully developed with infrastructure
and utilities. VSIP will embark on the next phase of development consisting
of 435 hectare of industrial, commercial, and residential space.