HCMC – Thailand’s industrial estate developer Amata Corporation will invest in three hi-tech and urban area projects in Dong Nai Province following the success of a large-scale industrial park in the southern province.
Bo Ngoc Thu, director of the Dong Nai Department of Planning and Investments, told the Daily at a media briefing last week that the province had agreed on the locations for the projects to be developed by Amata Vietnam JSC and Amata VN Public Limited Co.
Amata VN Public Limited Co. will be the investor of an urban area covering 753 hectares in Tam An Commune in Long Thanh District, while the two remaining projects – a hi-tech park and an urban area – will be developed by both affiliates of the corporation on 410 hectares and 122.3 hectares respectively in Long Thanh District.
The provincial government has set up a task force to support the Amata companies to boost site clearance and compensation. The investors are now in the process of measuring land and hiring consultants for the projects.
The cost of the three projects remains unknown. The authorities of Dong Nai Province have not revealed when they award the investment certificates for the projects.
Previously, Amata Corporation signed an agreement with the provincial government to develop a hi-tech and an urban area in Long Thanh District at a first-phase cost of US$530 million.
The corporation also plans to invest in a large-scale hi-tech industrial park in the northern province of Quang Ninh and a big industrial complex in the central province of Binh Dinh.
@the Saigon Times