Binh Duong: Work starts on vehicle spare part plant
A ground-breaking ceremony for a plant producing bicycles and automobile and motorcycle spare parts was held at Dai Dang industrial park in the southern province of Binh Duong on April 10.
King Star Technoly and contractor Giza sign cooperation deal to build the plant. |
Binh Duong province has enjoyed auspicious achievements in investment attraction from the outset of the year, Liem said.
In quarter I, US$1.34 billion in foreign direct investment was poured into the locality, including 43 newly registered projects valued at US$793 million and 18 capital-added projects worth US$551 million. Local industrial production has posted a good growth with the index of industrial production rising by 7.27% on-year.
The provincial leader highlighted that his locality will carry out a line-up of measures to support businesses and call for further investment. Accordingly, dialogues will be held to tackle difficulties for local companies.
In addition, administrative reform through the “one-door” model will be promoted to facilitate transactions between individuals or organisations and local agencies.