Nghe An (VNA) - A Singaporeancompany will invest in a textile project in the Vietnam-Singapore IndustrialPark in central Nghe An province (VSIP Nghe An).
The project is invested by Singapore’s RoyalPagoda Private Limited with total capital of 4.65 trillion VND (200 million USD).
This is the project with the largest capital inthe list of projects that are expected to receive investment approval orinvestment registration certificates at a meeting of investors in Nghe An provinceon February 23.
At this meeting held by the People’s Committeeof Nghe An province, the provincial authorities schedule to give decisions oninvestment approval or investment registration certificates for seven otherprojects, with total investment of more than 1.2 trillion VND (51.8 millionUSD).
They include an export leather footwearproduction factory in Van Dien Industrial Complex and a tempered glassmanufacturing and processing factory in VSIP Nghe An.
In addition, also at the meeting, 15 otherprojects are expected to sign investment agreements with a total capital of 11.8trillion VND. They include a project on developing a five-star hotel in Cua Lotown, a project of 15,000 ha high-tech organic agricultural material zone and a3-trillion VND project of preservation warehouse in Ky Son border district.
The 11th investor meeting held by the provincialauthorities of Nghe An on February 23 in Cua Lo town would be an opportunityfor the authorities to meet investors and to call on domestic and foreigninvestors and businesses to invest in the province.-VNA
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A view of VSIP Nghe An (Photo: baonghean.vn)
