Bà Rịa-Vũng Tàu expanding IPs to welcome investment

04/05/2021 07:30 8

Bà Rịa-Vũng Tàu expanding IPs to welcome investment

BÀ RỊA-VŨNG TÀU — New waves of investment coming to the southern province of Bà Rịa-Vũng Tàu are predicted to increase demand for land rentals at local industrial parks (IPs), which in turn will need to be expanded.

According to the provincial IPs management board, the province is home to 16 IPs covering a total area of 9,054ha.

Nguyễn Khắc Thanh, General Director of Tín Nghĩa-Phương Đông Industrial Park Joint Stock Company, said an immediate expansion is necessary to meet investors’ demand. — VNS

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