Work on Minh Hung III industrial zone starts
29-JUL-2008 Intellasia | 26/Jul/2008 Nguoi Lao Dong
Jul 29, 2008 - 7:00:00 AM
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The construction on building the Minh Hung III Industrial Zone capitalised at 298 billion dong was kicked off on July 25 in Chon Thanh Dist in the southern province of Binh Phuoc by Binh Long Rubber Co.
The industrial zone with an operation duration of 50 years covers on an area of 291.52 hectares. Of which 180 hectares are spent building factories, 28 hectares for services and 82.52 hectares for other purposes.
After the ground-breaking ceremony, the Korea-based Dongwha Group signed a contract to rent a plot of land for building a wood manufactory with the total investment capital of US$125 million and the capacity of 300,000 cubic metres of wood a year.
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