Vietnamese Company to Develop Dinh An Economic Zone

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Jun. 10 – Local trading company Le Hai Trade–Construction Company Limited has committed to investing in the development of Dinh An Economic Zone with funds lent by American company L2G Financial.

In March, the Le Hai company borrowed US$4.5 billion from the L2G company to help develop the zone which will include an area of more than 39,000 hectares spanning Duyen Hai and Tra Cu districts, Tra Vinh Province.

Based on approved plans, developments on the zone will include a high-tech  petrochemical refinery, a deep-water port, depots, heavy, light and supporting industrial plants, and a tariff area.