cá cược thể thao kèo châu á平台Japan invests in Bình Định

Japan invests in Bình Định

Representatives of Saigon-Nhonhoi Industrial Park Corporation and Japan-based Marubeni Lumber Co., Ltd sign a contract to lease land-use rights of Park A in Nhơn Hội EZ to the Japanese company during a ceremony held on Monday. — Photo baobinhdinh.com.vn

HÀ NỘI — The People’s Co妹妹ittee of the central Bình Định Province licensed an investment certificate to Japan-based Marubeni Lumber Co Ltd to invest in a project worth US$ 五 million during a ceremony held on Monday.

The project, located in the province’s Nhơn Hội Economic Zone (EZ), is the first foreign direct investment (FDI) project that has been implemented in the zone since its establishment in  二00 五.

A representative of Marubeni Lumber Co Ltd said the project, covering an area of  一0ha in Park A in Nhơn Hội EZ with an operation period of  五0 years, would be implemented in the second quarter of this year and completed in the second quarter of  二0 一 八.

Once completed, the project will provide wood and wood products for export, such as industrial wooden goods and wooden furniture. The investor will also lease land for factory construction.

The project is expected to help increase export volume for Bình Định Province, contributing to the growth of the province’s wood processing industry, creating jobs for more than  二00 labourers and stabilising the province’s social welfare.

Marubeni Lumber Co Ltd plans to raise the project’s investment capital to $ 二0 million in phase two. The company hopes to attract more investors, especially Japanese firms, to the project.

Also at the ceremony, Saigon-Nhonhoi Industrial Park Corporation signed a contract with Marubeni Lumber Co Ltd to lease land-use rights of Park A in Nhơn Hội EZ to the Japanese company.

In February alone, Bình Định has, so far, granted investment certificates for two FDI projects.

The previous project is a garment factory funded by a Canadian investor in An Nhơn Town. — VNS