Approving investment proposals of 2 projects in Phu Tai Industrial Park
- Investment promotion
Binh Dinh Economic Zone Authority has recently approved the investment proposals of two projects in Phu Tai Industrial Park, Quy Nhon City with total capital of VND 7.26 billion.
To be specific, the plant project of straw production from rice powder of Ngoc Son General Transport Service Trading Limited Company is proposed to invest in part of Land lot A30, Phu Tai Industrial Park. The objective is to produce starch straws with capacity of 288 tons of products per year. The factory is going to be built on an area of 2,820 m2, with capital of VND 4.5 billion. By March 2021, the project is expected to be completed and put into operation.
The other project is a forest product processing factory of Ngoc Ha Forest Product Limited Company to be invested on the land lot D9, Phu Tai Industrial Park. The objective of the project is to produce interior and exterior wooden furniture with capacity of 2,000 m3 of products per year. The factory will be built on a land area of 1,944.3 m2, with capital of VND 2.76 billion. By December 2020, the project is expected to go into production.
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