In addition, to support and attract more businesses to invest in VSIP Quang Ngai, BIDV is offering a VND2 trillion (US$94 million) package with the most preferential and competitive interest rates in the region to businesses whose projects are implemented in VSIP Quang Ngai.
The bank committed to facilitate capital provisions to help investors complete their projects on schedule.
According to Le Viet Chu, Chairman of Quang Ngai Provincial People’s Committee, the capital provisions will help quicken the development of the province’s key industrial zone. He said that the province would create favourable conditions for businesses to invest in the zone through applying preferential policies and supplying high quality human resources.
VSIP Quang Ngai is located in the Dung Quat Economic Zone in Tinh Phong and Tinh Tho communes, Son Tinh district, Quang Ngai province, a part of the central region’s key economic region. It is the fifth project of the Vietnam-Singapore Integrated Township and Industrial Park Group and the group’s first large-scale project in the central region with relatively comprehensive development in industry, urban facilities and services.
The US$170 project, which began in September 2013 on a 1,700ha area, has finished its first phase with 300ha of infrastructure and having attracted 10 investors.
