Bac Ninh licenses 48 million USD industrial project at Gia Binh park
BAC NINH - The Management Board of Bac Ninh Industrial Parks has recently granted an investment registration certificate to Singapore-based Nexcore Capital PTE. LTD for a factory development project at Gia Binh Industrial Park.
The project aims to develop and lease industrial facilities, including factories, offices and other completed structures, to serve production and business activities in line with Vietnam’s land and real estate business laws.
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Nexcore Capital PTE. LTD is investing more than 48 million USD in the Gia Binh Industrial Park project. |
The development will cover more than 11 hectares at Gia Binh Industrial Park with total registered investment capital of over 48 million USD. Construction is scheduled to begin in the second quarter of 2026, with completion and commercial operations targeted for the fourth quarter of 2027.
Provincial officials said the approval came 11 days after the investor submitted recommendations to local authorities, underscoring Bac Ninh’s efforts to support businesses and accelerate administrative procedures.
The move reflects the province’s continued commitment to improving the investment and business environment and enhancing its provincial competitiveness, authorities added.
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