JavaScript is off. Please enable to view full site.

Enterprises lease over 100ha of land at Vietnam-Singapore Industrial Park in Can Tho

Enterprises lease over 100ha of land at Vietnam-Singapore Industrial Park in Can Tho

Tuesday, August 06, 2024, 12:09 GMT+7
Enterprises lease over 100ha of land at Vietnam-Singapore Industrial Park in Can Tho
Enterprises have leased over one-third of the land at the VSIP Can Tho in southern Vietnam. Photo: V.D. / Tuoi Tre

As many as 18 enterprises have registered to lease over 100 hectares of land at Vietnam-Singapore Industrial Park (VSIP) Can Tho in the namesake southern city, making up over one-third of the area of the industrial park, VSIP Can Tho JSC said on Monday.

Site clearance for the industrial park has yet to finish, the firm noted.

Land will be handed over to these enterprises in the second quarter of next year.

Nguyen Thanh Tao, director of the Can Tho Land Fund Development Center, said the city had paid 561 out of the 602 households affected by the industrial park project over VND1.1 trillion (US$43.7 million) in compensation to take back nearly 262 hectares of land.

The city has also approved resettlement policies for the affected households, with 70 receiving resettlement land lots and 167 others eligible to purchase them.

Tao affirmed the city's commitment to handing over the entire cleared site for the project by September this year.

Work on the VSIP Can Tho project began on September 9 last year, making it the first VSIP to be built in the Mekong Delta.

The first phase of the project covers more than 293 hectares of land in Vinh Thanh District and carry a price tag of over VND3.717 trillion ($147.4 million).

Once completed, it will provide employment for around 20,000-30,000 workers in Can Tho and neighboring provinces.

VSIP is a joint venture between Becamex IDC Corporation, under the People’s Committee of southern Binh Duong Province, and Sembcorp Development Ltd., a wholly-owned subsidiary of Singapore’s Sembcorp Industries, a leading energy and urban solution provider.

Like us on Facebook or  follow us on Twitter to get the latest news about Vietnam!

Thanh Ha - Le Dan / Tuoi Tre News

More

Read more

;

VIDEOS

‘Taste of Australia’ gala dinner held in Ho Chi Minh City after 2-year hiatus

Taste of Australia Gala Reception has returned to the Park Hyatt Hotel in Ho Chi Minh City's District 1 after a two-year hiatus due to the COVID-19 pandemic

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Latest news