Quang Ninh licences Thai-invested $1.6 billion projectAmata VN Public Company Limited, a subsidiary of Thailand-based Amata Corporation PCL, has been licenced to develop the first phase of a 1.6 billion-USD industrial and urban project in the northeastern province of Quang Ninh. Amata has been in Vietnam for more than 23 years, with its first industrial city project, Amata City Bien Hoa, spread over an area of 700ha in the south-eastern province of Dong Nai. Amata City Bien Hoa houses 165 companies from 21 countries and territories, who have invested a total of more than 2.7 billion USD and created 49,000 jobs. A 1,270ha industrial city is under construction in Dong Nai’s Long Thanh district. Long Thanh Industrial City will earmark 33 percent of its space for a hi-tech industrial park with the rest being an urban development.-VNA

Source: VietNamNet News April 04, 2018 03:56 UTC