The capital will be channeled into several textiles-fabric dyeing projects spanning 5 ha of the 655 ha park.

Also at the signing ceremony, the Taiwanese-based industrial investment limited company DDK Vietnam and Minh Hung Sikico Industry JSC inked a cooperation agreement on promoting investment in the park.

Speaking at the event, the industrial park’s Deputy General Director Phan Tan Hoang said it will prioritize attracting investments in electroplating, textiles-fabric dyeing, and agricultural mechanics.

Scene at the signing ceremony between DDK Vietnam and Minh Hung Sikico Industry JSC. Photo:

Investors are required to meet wastewater standards in line with national regulations and give priority to using the local workforce, he added.

Chairwoman of the provincial People’s Committee Huynh Thi Hang expected that cooperation from all sides would thrive in the future.

Local authorities will create the best conditions possible for investors to operate, she stated.

Built at a cost of over VND 3.39 trillion (USD 145.77 million), Minh Hung Sikico is among 13 local parks which together have hosted 19 companies whose registered capital amounts to some USD 500 million.

Source: VNA