Viglacera will pour nearly VND 990 billion (roughly US $62 million) into infrastructure construction for the 340-hectares IZ. The IZ is located at the interjection of the North-South corridor (National Highways 1A and 1B linking Hanoi and northern Lang Son province) and the East-West corridor (Highway 18 linking Noi Bai International Airport and the Cai Lan deepwater port in northern Quang Ninh province). It will lie next to the railway road from Hanoi to Lang Son province, which neighbours China.
Factories and warehouses will cover 60% of the IZ’s area and the remaining area will be used for public works, trees, technical infrastructure and roads. The IZ is expected to generate jobs for 15,000 local workers.
After the ground-breaking ceremony, the Management Board of IZs in Bac Ninh province granted licenses to the two first businesses registering to lease nearly 20 ha in the zone.
