The IZ covers 1,000ha in Canh Vinh commune, Van Canh district, the south central province of Binh Dinh.
It costs over VND 3.3 trillion (US$ 143.4 million), nearly VND 500 billion of which is State capital, more than VND 2 trillion is from loans and over VND 800 billion is mobilised from other sources.
Following the first stage, a 400ha residential and resettlement area and an 883ha urban and services area will be built in the second stage.
Earlier, the PM agreed to add Becamex – Binh Dinh Industrial, Urban and Service complex into the planning of Nhon Hoi economic zone in Binh Dinh.
