To this effect, an agreement was signed by representatives of the VSIP Joint Venture and Standard Chartered Bank in the province on March 30.
Under the deal, Standard Chartered Bank will provide the project with US$20 million for a five-year term and US$10 million for a one-year term.
Established in Thuan An district in 1996, the VSIP Binh Duong is the first among cooperative works between the governments of Vietnam and Singapore. The second project, VSIP 2-VSIP Binh Duong, was set up in Ben Cat district in 2006.
With a total area of over 2,000 ha, the VSIP Binh Duong is the largest among VSIP projects compared to those in Ben Cat district of Binh Duong province, in Bac Ninh province and Hai Phong city. It has so far attracted more than 140 investors.
Under the deal, Standard Chartered Bank will provide the project with US$20 million for a five-year term and US$10 million for a one-year term.
Established in Thuan An district in 1996, the VSIP Binh Duong is the first among cooperative works between the governments of Vietnam and Singapore. The second project, VSIP 2-VSIP Binh Duong, was set up in Ben Cat district in 2006.
With a total area of over 2,000 ha, the VSIP Binh Duong is the largest among VSIP projects compared to those in Ben Cat district of Binh Duong province, in Bac Ninh province and Hai Phong city. It has so far attracted more than 140 investors.
