Foreign firm gets green light to build hangar in Vietnam

A foreign company will invest 500 million USD to build a hangar for heavy aircraft maintenance in central Quang Nam province following recent approval by the prime minister, said a provincial leader.
The project is scheduled to start this year at Chu Lai Airport in the Chu Lai Open Economic Zone.

The PM also approved two other major foreign investment projects in the Chu Lai OEZ – a 400 million-USD nitrogen fertilizer and construction glass plant and 400 million-USD thermoelectricity plant.

The three projects, which kick off this year, are estimated to create 10,000 jobs and pay total annual taxes of 21 trillion VND.

(Source: Tuoi Tre - Compiled by Thanh Hang)
Story from Thanh Nien News
Published: 17 June, 2005, 12:11:19 (GMT+7)
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