Ground breaking of C Area, Phong Dien Industrial Zone Project

In the morning of August 28^th C&N VINA Hue – South Korea Co,. Ltd held a ground breaking ceremony of C Area – Phong Dien Industrial Zone. Attending were: Mr. Nguyen Ngoc Thien - Deputy Permanent Secretary of Party Provincial Committee, Chairman of the Provincial People’s Council; Mr. Tran Phung – The Head of Provincial Parliament Delegation – Chaiman of Provincial Vietnam Fatherland Front Committee; Mr. Phan Ngoc Tho – Vice Chairman of Provincial People’s Committee with leaders of provincial department and Phong Dien District. Representative of investor is Mr. Lee Chung Keun, CEO of C&N VINA Hue – South Korea Co., Ltd with a number of companies from South Korea.

Be constructed on an area of 110 hectares with a total investment of 368 billion VND, the project includes infrastructure construction, lighting systems, water supply, telecommunications, waste water treatment system and related items. As expected, the project will be completed and put into operation in May 9^th, 2011.

According to reports of investors, there were 8 Korean businesses surveyed and make the project plans to start a business in Phong Dien Industrial Zone. C&N VINA Hue – South Korea Co., Ltd is construction investor of Minh Hung Industrial Zone   in Binh Phuoc Province and C Area project in Phong Dien Province is under Vietnam industrial developing strategies.

Speaking at the ground breaking ceremony, Deputy Chairman Mr. Phan Ngoc Tho proposed provincial industrial zone Management Board facilitate for investors solve the procedures related to put the project into implementation, make Phong Dien Industrial Zone become one of the large-scale industrial Zone in province. On this occasion, C&N VINA Hue – South Korea Co., Ltd gave 150 million VND to support temporary house deleting fund in Phong Dien province.