Please note: you are viewing an old version of this deal. The current version can be found here: Deal #5179

Deal #5179 Version #71262

Vietnam
Created at
2016-08-29
Last update
2016-08-30
Last full update
2022-03-18

Land area

Size under contract (leased or purchased area)
  • [2013, current] 1704.0 ha
Size in operation (production)
  • [2014, current] 180.0 ha
Comment on land area
Comprising a 1,200-hectare industrial park located in Son Tinh district’s Dung Quat Economic Zone, as well as a 504-hectare site zoned for commercial and residential purposes near downtown Quang Ngai city. Utilities infrastructure, civil and structural works in the start-up phase of 180 hectares are successfully completed. VSIP will move on with similar works in the second stage of development comprising 435 hectares of industrial zone and 100 hectares for commercial and residential development.. See http://www.vsip.com.vn/latest-news/vsip-quang-ngai-to-mark-its-one-year-anniversary.html

Intention of investment

Intention of investment
  • [current] Industry
Comment on intention of investment
Target industries include food and beverage manufacturing, fast-moving consumer goods (FMCG), electronics assembly and other light industries catering to the oil and gas and chemical sectors.. See http://www.vsip.com.vn/latest-news/vsip-quang-ngai-to-mark-its-one-year-anniversary.html

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2013, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2015, current] In operation (production)
Comment on implementation status
The first stage was completed and put into operation which lured 132 million USD of foreign direct investment. See http://www.quangngai.gov.vn/eng/Pages/qnp--qnpprint-11089-qnpnc-67-qnptype-1-qnpsite-1.html

Contract farming

Contract farming
No