Nearly 19.6 trillion VND lands in Thua Thien-Hue industrial zones

Phu Bai Industial Zone in Thua Thien-Hue (Source:Internet)

Some 70 domestic projects and 22 foreign projects worth nearly 19.6 trillion VND (872.2 million USD) have landed in six industrial parks in the central province of Thua Thien-Hue since the parks’ establishment.

The province is speeding up infrastructure construction as well as carrying out favourable policies in a bid to attract between 2.5 trillion VND (111.25 million USD) and 3 trillion VND (133.5 million USD) to the parks in 2015.

Authorities are offering financial support for manpower training to any project using at least 200 local labourers during the first three years of operation while assisting projects developing industrial infrastructure with transport expenditures for promotion activities.

Phu Bai industrial zone alone has drawn 50 projects in fibres, garments, building materials, ceramics, wooden furniture and beverages, among others. Upgrades to the Phu Bai industrial zone are in phase four with 50 percent of the workload completed.

In the first eight months of this year, production in the provincial industrial parks generated over 7.6 trillion VND (338 million USD), an 18 percent increase over the same period last year. Jobs have been created for nearly 17,900 workers so far.-VNA