Home / ITA News / Tan Tao Today / News / Over VND 12 billion worth of investment opportunities created this week.

Over VND 12 billion worth of investment opportunities created this week.

Working with foreign investors

Despite escalating market prices, particularly the sharp rise in the price of construction materials, investment flow into Tan Tao Industrial Park continues without delay.

Phat Tai Company Ltd. and Tan Tao Investment-Industry have signed a contract to lease a 4,500 m2 plot of land on which a new factory plant worth VND 12 billion will be constructed. The new factory, located at Lot 3, Road 8 in Tan Tao Industrial Park, will be for plastic package business and manufacture. The signed contract will last until the 2050.

For the past week, the Business-Marketing Department of ITACO has received and welcomed seven investors, including international investors from Korea and Japan. In addition, various domestic investors have come to negotiate the lease of land in the newly expanded Industrial Park. An expected 81,000 m2 of land will be leased. Vina Acecook and Kirin Company (Japan) propose to lease 30,000 m2 for Kirin soft-drink production. Other manufacturing fields of enterprises include power plugs and sockets, electronic component assemblage, paint and telephone assemblage.