US$77-million Vietnam-South Korea industrial park announced in Hung Yen providing clean and green infrastructure

An industrial park in the northern province of Hung Yen. Photo courtesy of Sumitomo

A VND1.78-trillion ($77.4 million) industrial park will be built under a cooperation program promoted by South Korea in the northern province of Hung Yen.

The 143-hectare industrial park will become the country’s first South Korean-style industrial park providing clean and green infrastructure, the province People’s Committee said.

Its investors include South Korea’s Korea Land & Housing Corporation, Vietnam’s TDH Ecoland Urban Development & Investment Joint Stock Company and some smaller South Korean investors.

The country has 286 operational industrial parks.

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