PM oks to develop infrastructure for Song Cong IZ in Thai Nguyen

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Asean Affairs March 28, 2017

PM oks to develop infrastructure for Song Cong IZ in Thai Nguyen

Prime Minister Nguyen Xuan Phuc has approved a proposal to develop infrastructure facilities for the Song Cong II Industrial Zone (IZ) in the northern province of Thai Nguyen.

The plan, expected to cost over VND1.75 trillion (US$77.3 million), aims to attract more investors to the IZ, particularly those specilising in machinery, engineering, electronics and automobile production and assembly, thus contributing to local socio-economic development. It will be implemented from now to 2020.

The provincial People’s Committee is to instruct the Thai Nguyen IZs Authority to work with relevant bodies to complete a project feasibility study and submit it to competence agencies for approval.

Covering 250ha in Tan Quang Commune, the IZ continues to offer several incentives to lure investment, including land rental reduction, exemption for paying infrastructure fees and financial support in human resource training.

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ASEAN ANALYSIS

This year in Thailand-what next?

AseanAffairs 04 January 2011
By David Swartzentruber

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

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