The inaugutation of VSIP II Quang Ngai Industrial Park (Phase 1) will mark the 10-year journey of VSIP in Quang Ngai with many successes and contributiions to the development of Quang Ngai province.
Quang Ngai is coordinating with VSIP Quang Ngai Company Limited to organize the groundbreaking ceremony of VSIP II Quang Ngai Industrial Park on March 12, in Binh Son district.
This is part of activities to celebrate the 80th anniversary of Ba To Uprising (March 11, 1945 - 2025) and the 50th anniversary of Quang Ngai Province Liberation Day (March 24, 1975 - 2025).
Approved by the Prime Minister in December 2024, the VSIP II Quang Ngai, located in the Dung Quất Economic Zone on a site of 497.7ha, has the total investment of more than VNĐ 3.73 trillion (US$155.7 million) and the operation time of 50 years.
The project is implemented in two communes, Binh Thanh (289 ha) and Binh Hiep (209 ha), Binh Son district.
The construction period will be 60 months. VSIP II Quang Ngai is expected to create jobs for about 49,000 workers.
According to the planning, VSIP II Quang Ngai includes main items such as a Service works area, production works, warehouses, and technical infrastructure.
The project will attract investment in the fields of Automobile manufacturing, textiles, food processing, beverages, processing, manufacturing...
The province’s leaders visit businesses operating in VSIP I Quang Ngai
VSIP, a joint venture between Becamex IDC and Singapore’s Sembcorp Development Group, established its first VSIP in Vietnam in 1996. The joint venture now operates 18 VSIP industrial parks in localities across Vietnam.
VSIP has attracted 930 customers from 30 countries and territories, with a total investment of 21 billion USD and created more than 300,000 jobs.
In 2013, VSIP selected Tinh Phong commune, Son Tinh district, Quang Ngai province to implement the first VSIP project in the Central region, covering an area of about 1,700 hectares.
So far, nearly 40 corporations and FDI enterprises from countries such as the US, Philippines, Japan, Korea, Belgium, and Chinahave chosen VISP Quang Ngai for their investment, with a total capital attraction of more than 1.1 billion USD.
Minh Thien
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