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Construction of Vietnam’s largest industrial park gets underway

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Industrial park in Vietnam

Image Courtesy: businesstimes.com.sg

On 18 April, Vietnam National Textile and Garment Group (Vinatex) announced that it has begun construction of the first phase of a US $ 400 million clothing and textile industrial park in the province of Nam Dinh.

Located 140 kilometres from Hanoi, the Rang Dong Industrial Park is spread over an area of 2,109 hectares. It will be built in two phases, with the first phase scheduled for completion in 2018. The industrial park aims to attract investors to the garment and textile field.

Also Read – Ethiopia to get two new industrial parks for T&C industry

Once completed, the park will have a capacity to produce two billion metres of fabric per year and employ 60,000 people. “The industrial park plays an important role in the province’s sea-based economic development strategy, contributing to transferring local economic structure,” averred Ngo Gia Tu, Vice Chairman of the Provincial People’s Committee.

It is worth noting that Nam Dinh is home to more than 480 textile businesses with over 70,000 workers. The sector’s revenue accounts for 40 per cent of the province’s total industrial production value. Ngo Gia Tu said that he is asking investors to mobilize resources to build infrastructure facilities synchronously to ensure the progress of the project.

To meet environmental regulations, a wastewater treatment station with a capacity of 110,000 cu. m. per day will also be built.

 

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