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Additional four industrial parks established in Binh Phuoc

SGGP
The People’s Committee in the Southern Province of Binh Phuoc yesterday said that additional four industrial parks will be established in the province in the period of 2020-2030.
Four new industrial parks include 438-hectare Ledana facility, 300-hectare V.com park and 348-hectare Hoa Lu in the Hoa Lu border-gate economic zone in Loc Ninh border district and 6,317-hectare Dong Phu park in Dong Phuc District.
Additionally, the province authority will expand three industrial parks 577.63-hectare Minh Hung III in Chon Thanh District, 317-hectare Bac Dong Phu and 480-hectare Nam Dong Phu in Dong Phu District. Industrial parks are eligible for enjoying exemption of enterprise income tax, import duty for machinery.
The local administrations will support companies in the industrial parks by building connection paths to main roads, waste treatment and the supply of water and power.
Currently, 11 industrial parks are located in Binh Phuoc Province attracting 334 secondary projects including 232 foreign-invested projects and 102 locally-invested projects. Some 171 enterprises have been operating creating 66,200 jobs for local laborers.

By Hoang Bac – Translated by Anh Quan

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