At the groundbreaking ceremony (Source: VNA)

Construction began on an industrial and urban complex in Chon Thanh district, the southern province of Binh Phuoc on September 14.

The Becamex – Binh Phuoc Industrial and Urban Complex has a total investment of roughly 20 trillion VND (910 million USD) by the Becamex – Binh Phuoc Infrastructure Development Joint Stock Company, a joint venture between the Becamex Industrial Development and Investment Corporation (IDC), the Song Be Rubber Company and others.

It will cover more than 4,633 hectares in Chon Thanh town and the three communes of Minh Thanh, Thanh Tam and Nha Bich in Chon Thanh district.

The industrial zone will account for more than 2,448 hectares and the remaining will be dedicated to residential and resettlement areas.

The project is expected to create jobs for 200,000 local labourers, improving local living conditions and infrastructure facilities.

General Director of the Becamex IDC Nguyen Van Hung said the investment aims to contribute to the stable and sustainable development of the province as well as the key southern economic zone.-VNA