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HDC invests 1.492tr dong in Vung Tau-based project

02/02/2012 08:54 am
HDC invests 1.492tr dong in Vung Tau-based project
News - Ba Ria-Vung Tau province People's Committee hold the ceremony to grant investment licences for four enterprises on January 31, 2012.

These enterprises have registered for conducting projects in the province, including PetroVietnam Gas Corp (PV Gas) with South Con Son 2 gas pipeline system (25 trillion dong), Ba Ria-Vung Tau Housing Development Joint Stock Co (HDC) with Phuoc Thang urban area (1.492 trillion dong), general Investment, Export-Import and International Cooperation Joint Stock Co with Gelexim Port (226 billion dong) and Lan Loc Tai Co Ltd with Phuoc An kindergarten for disabled children.

Ho Van Nien, vice chairman of Ba Ria-Vung Tau province people's committee stated that up to 2011, there were 298 foreign-invested projects to be registered in the local area with total investment capital of over $27 billion. However, only $1.2 billion has been disbursed.
Source: Tuoi Tre


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