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VN-Singapore industrial park to bring new face to Phu Quoc

A Vietnam-Singapore Industrial Park is expected to bring a new face to the island district of Phu Quoc in southern Kien Giang province, with upgraded transport infrastructure and modern urban areas.
A Vietnam-Singapore Industrial Park is expected to bring a new face tothe island district of Phu Quoc in southern Kien Giang province, withupgraded transport infrastructure and modern urban areas.

The Investment and Industry Development Corporation (Becamex ICD) andthe Vietnam-Singapore Industrial Parks Joint Venture Co. Ltd (VSIP) inBinh Duong province have been assigned to implement the project, whichwill cover a total area of nearly 3,000 ha.

It will also involve in forest protection for the formation of ecological forests serving sustainable tourism.

According to Tran Van Nam, Vice Chairman of the Binh Duong provincialPeople’s Committee, VSIP Phu Quoc is a large-scale project that willsignificantly contribute to the future development of the island.

The project will be designed by Singaporean experts and foreigninvestors are also encouraged to engage in it, said Chairman of the KienGiang People’s Committee Le Van Thi.

Phu QuocIsland , dubbed as the Pearl Island in the southern sea, is atourist hub of not only Kien Giang but also the southern region.-VNA
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