The VND 3 trillion (USD 166.67 mil) project, also called the Bourbon-An Hoa industrial park, was jointly invested by the Bourbon Group of France, the Viet Au Company and the Long Hau Joint-stock Company.

Of the 1,020 hectares of land, the park will reserve 760 hectares for industrial production, 184 hectares for warehouses and the rest for residential quarters and resettlements.

Along with investments in infrastructural facilities within the park, the investors have helped the local administration build a road linking the Trans-Asian highway with their project, a local medical station and a provincial vocational training college.

The province has held a workshop entitled “Vision of an eco-metropolis” to collect recommendations for its plan to turn Trang Bang district, where the project is located, into the nation’s first ecological city by 2020. Also at the ground-breaking ceremony, the organising board presented the minutes of a land hand-over for the Kuo Yuen Company, one of the first three investors to register for investment in the park.

Kuo Yuen has been licensed for an USD8 million project on production of material for export-oriented leather shoe making in the park.