Industry: Industry Region: Vietnam Transaction Price: Not Disclosed Transaction Method: Transfer by Agreement
Description: Nghe An Province (Vietnamese: Tỉnh Nghệ An) is a province of Vietnam, belonging to the north-central coastal region, bordering Thanh Hoa Province to the north, Ha Tinh Province to the south, Laos to the west, and the Gulf of Tonkin to the east.
Details: In response to the success of the Integrated Town Development Project in Southern and Northern Vietnam, Sembcorp has built its seventh Viet Tsan Industrial Park in the northern central province of Nghe An province. Nghe An is the largest province in Vietnam, with a developed agricultural industry, low labor costs and abundant labor resources, suitable for the development of labor-intensive manufacturing industries such as clothing, fast-moving consumer goods, and electronics. Nghe An Vietnam Singapore Industrial Park is strategically located in an emerging manufacturing hub that will create value for different industries and increase employment opportunities in the region.
Characteristic:
Agriculture is very developed
Located in the East-West Economic Corridor connecting Laos, Myanmar and Thailand
Dong Rong Ya Economic Zone provides investment incentives
Free Trade Agreement and Trans-Pacific Partnership are expected to bring benefits